That is the problem with the PL/PHs forming on the same day... They often result in a whipsaw.. also, the high was not taken out convincingly yesterday after the PL was formed at 2966... easy to say it is a whipsaw now, after the short side SAR got hit... I think best thing to do is back test for such scenarios where the PL/PH forming on the same day getting hit and finding a good strategy to overcome it...
That is the problem with the PL/PHs forming on the same day... They often result in a whipsaw.. also, the high was not taken out convincingly yesterday after the PL was formed at 2966... easy to say it is a whipsaw now, after the short side SAR got hit... I think best thing to do is back test for such scenarios where the PL/PH forming on the same day getting hit and finding a good strategy to overcome it...
We have all made many tweaks for gaps,sideway moves etc and have shared here.many have some aggresive moves on their own(even i see 30 min chart often).some use trend line & RSI with this system.So some times it is impossible to be 100% sure of our SAR.
Any system will have atleast 25% misses for 75% success.But we are all happy with this system because at the end we make good money.