tuesday.... was a long signal at 92.75... from 01.75
tricky part was the next signal.....
if you took the low of 92.... then you got a short signal at 01
... with a 3 point stop... you would have been stopped out at the 04 high
..... but if you took the pivot in between.....
...you would have had 94.5 as your low pivot.... and a short signal at 03.5
..... with the high at 04
.... this has to do with reading price action.....
..... you would have been ok if you split your load between a 9 and 10 point signal
..... you would have been stopped out for 3 on half.... and the 2nd half.... would have made up for the loss
tricky part was the next signal.....
if you took the low of 92.... then you got a short signal at 01
... with a 3 point stop... you would have been stopped out at the 04 high
..... but if you took the pivot in between.....
...you would have had 94.5 as your low pivot.... and a short signal at 03.5
..... with the high at 04
.... this has to do with reading price action.....
..... you would have been ok if you split your load between a 9 and 10 point signal
..... you would have been stopped out for 3 on half.... and the 2nd half.... would have made up for the loss