gfg1 wrote:lukx, by far I am not one to hold out any expertise in trading. However, the thing that I learned from MO that has helped a great deal, is to look at whether something has closed below to go short or above something to go long.
At first, it pissed me off trying to figure out WTF MO was talking about. Then recently, it clicked.
In this recent post you made, try and wait for something price to close below the low of recent bars. Maybe it is not a pure rat reversal trade, but all that counts is getting + pips. Sorry for hijacking your thread but hope it helps.lukx wrote:entry:
no, no any advice I really appreciate. I also tried to figure out this whole close lower than something, but I always see it wrong.