We are some 170 points from our SL, with 3 hours of successive down bars (yes some are not full one hour bars). 30 minutes isn't showing any upbars either. Do we go to vertical drop rule at the end of this hour?
We are some 170 points from our SL, with 3 hours of successive down bars (yes some are not full one hour bars). 30 minutes isn't showing any upbars either. Do we go to vertical drop rule at the end of this hour?
As of now, keep holding with the current stops. Soon we would be shifting to the 2 bar stops (if things get vertical from here). But not anticipating anything at the moment.
As of now, keep holding with the current stops. Soon we would be shifting to the 2 bar stops (if things get vertical from here). But not anticipating anything at the moment.
No pivots even on the 30min..stops still far for 'pure' traders.. I am moving my stops down to high of 11am bar. So its 3984+15.
Still waiting for a pivot to form on the 60...which will give better conviction.