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Thx, It's always the same setup, I entered on the 2nd SD; at that time I didn't know who was in control, I scaled in, as usual, as the shorts were stronger. Looking for pullbacks, the GomCD helped me visualize when the shorts have exhausted their action, I moved the target higher as with a few delta values the longs were able to catch back. In most of the cases the gomcd helps me manage my position.
You can notice on the last entry a reversal bar which combined with the gomcd gave me the signal of a market switch
Redratsal greating trading and I love your preciseness. I have been following your posts and videos and find them rather interesting. I have been trying to get my charts to look like yours but I can't figure out what indicators and setting for the indicators you use. I was wondering if there is anyway to post a template with the indicators and settings. Just want to make sure that I have the same charts so that I can follow and study correctly.
Thx for your kind words, I am not so precise as I need to correct my mystakes by scaling in but I try my best .
As I am not on my trading pc i will post my templates asap.
Very nice trading RRS . I wanted to ask you what the triple reversal pattern is , Im not familiar with your paint bar study and dont have nt7 installed to download it . Also , have you considered entering as price starts to indicate momentum is picking up after its encountered the outer bands ? For example , price encounters the outer resistance band then a bar closes as part of a bearish reversal pattern you deem likely to continue downwards . You may have explained these and sorry if I missed it , thanks and keep up the great posts buddy .