
07-27-2008, 09:57 PM
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Senior Member
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Join Date: Jul 2008
Location: Caribbean
Posts: 167
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Quote:
Originally Posted by pipnailer
Hello Mt
In my own understanding of the system, entry is based on high/low of the IB- you come 2pips higher/lower than the high/low of the IB (all other indications being equal) and not the bar before the ib.
The IB shows the market is contracting and about to explode, so a 1-2 pip move beyond the high or low of the IB might signal the direction of the explosion.
I'm sure you know what a good explosion can result into-a disaster or time to party (your choice)
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And when do we exit ?
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