Quote from pinabetal:
Well, hasta la vista. Illuminator happy trading. Still no concrete secrets divulged on your part. Here are two more examples of the setup. My simple setup was too simple. It is amazing how people look for complicated things. As if they are better!! I have seen some charts so marked up that it would take a long time to deciper them and perhaps the help of a microscope to see all the lines..etc. That kind of trading ain't for me. Simplicity works good for me ...If one can accept simplicity perhaps my posts will help some trader. I'm slipping and sliding...away..away..away..goodbye.
The signal looks like a bar that gaps down and reverses. A higher probability reversal trade.
The key isn't necessarily how to buy. There are various methods for doing that. HOWEVER, there's a consistent approach used among professionals.
That is not to predict where the market will go, but what to do when the market gets there.
