if a lower pivot high is formed but new lows are not formed we dont shift SAR .. is it so ???????
well this is what I read in rules ..
Page number 664 mother thread
EXCEPTION:Sometimes,in a downtrend,price makes a lower pivot high and does not go to new lows,and instead goes sideways for a period of time to make it visually obvious,and then breaks out.Stops are therefore at recent pivot highs although newer lows were not made...........But in both instances,the rule and the exception,those points are very visually obvious
Saint sir I guess the by recent high you mean the latest one
Even if no lower pivot is being made, we can go down as much as possible by seeing lower pivot high formation. This way we will at least lock in our profits. If prices reverse we will be in very soon. If it is a false alarm, our SAR point will be the smallest. So I think we should go down aggressively. My way of seeing things.
Bee