I've had an epiphany! Ok, so how many of our RTS trades hit their B1/S1 etc and go instantly green? NONE, maybe you've had another experience, but I've never had my entry hit and then an instant rebound to TP! How many hit their entry and then go on to the next level and then some, most if not all. Another thing. How often does it rebound and hit the original TP at B1/S1? Not often. AND once it does hit your TP at B1/S1 it then reverses quite often.
To sum up 95%+ of our RTS trades go red quite awhile sometimes weeks before they turn for TP, even those that turn for profit instantly sometimes come back to entry anyways. So... I've been thinking why not trade it as a breakout? At (asuming they're at the outside LRC's)B2 you sell and at S2 you buy, ride it for a nice profit to then next level or so and then TP and reverse, AND on the reverse you ride it for some more profit? The market just seems too wild atm for a more normal aproach. Also well its what Wilder has been telling us only he says to enter at B1/S1 and then reverse at HBOP/LBOP but that was in alot "tamer" market. Let me know what you think. I'm going to give this method a try this week I'll keep you updated. Another thing that made me think of this is that I demo traded and entered 15+ rts trades all but 2 were red as of today, half entered last week the other half this week. I'm sure they'd turn green eventually but that takes time and time is money my friends. Another thing if it does instantly reverse why the hell couldn't we ride it out just like we do now? Asumming ADX is low it should reverse anyways with time.
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