just watch the dom when price starts to stretch on the 5 min... i think you'll begin to see how price 'turns'. (i think i 'see' this on an unconscious competence level).
that figure that moz posted is excellent.
my quickie trades for today.
i am specifically and purposely opening up my charting software and platform at different times and GO'ing after i've 'found' the channel that is in effect and corroborated with vol.
then i'm looking at dom for a moment, then entering...if it's the wrong side, i'm looking to reverse but first figuring on the best price to wash or take a loss at.
...continuing to accentuate the positive, and becoming addicted to successful trading habits in the form of MAKING MONEY.
the amount won is irrelevant. i KNOW i will make money every day by being on the right side of the market.
did i have any reason from the market to exit the trade when i did? absolutely not. it was still grooving along...
common notions about RvR are phooey. find the right side asap. then you make money.
it is not hard to make money, believe it.