rat reversal

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2trade
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rat reversal

Postby 2trade » Fri May 14, 2010 11:33 pm

i am a green rat i am having problems when h1 opens red the price is going down and within that there is rat reversal on the m5 sometimes and other times it just keeps going down. do you take all the rat reversals because if that is the case the draw down is killing me. any one else had this problem. when you say go long 20 pips of the bottom that is what i do but it keeps hitting the stop. then after a couple or 3 bars i see another rat reversal which then takes the price up. how can i protect myself from this kind of fake out.

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TheRumpledOne
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Postby TheRumpledOne » Sat May 15, 2010 12:41 am

Then DO NOT TRADE AGAINST H1/D1/W1 until you learn how to read price better.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.


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