Never Lose Again

[TheRumpledOne]

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[TheRumpledOne]

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GAPS waiting to be filled.

[TheRumpledOne]

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[TheRumpledOne]

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Trade opportunities this hour and next.

[TheRumpledOne]

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[TheRumpledOne]

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[TheRumpledOne]

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[TheRumpledOne]

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[TheRumpledOne]

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Anyone still using the 3_Level_ZZ indicator that I modified years ago? I believe I may have "cracked the code" on how to use this indicator for reversals. I wonder why it took me so long to SEE this?!

See the big yellow 3 at the bottom. That bar is green. What did price do? IT WENT UP FROM THERE.

See the big yellow 3 at the top. That bar is green. What did price do? It ranged.

See the big yellow 3 in the middle of the chart on top of the red candle. What did price do? IT WENT DOWN FROM THERE.

So the rule of thumb is:

trade the reversal from the top when the bar making the 3 is red.

trade the reversal from the bottom when the bar making the 3 is green.

[TheRumpledOne]

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Gaps filled pretty quickly. Only one left.