Hi sr114...1st of all I would like to thank u for this afl which is being shared by U.
secondly..
I initially thought that u might be saying that entry at LL or HH preferable...But after reading above text what I understood is that u need to make entry after a LL or HH is formed and after that our Nirvana/or any other system generated buy sell then u need to enter...Am I right?
But should we enter at LL or HH keeping in mind the retracement level...but itwould be too risky I think as LL or HH can be changed after that also...Is it so?
secondly..
I initially thought that u might be saying that entry at LL or HH preferable...But after reading above text what I understood is that u need to make entry after a LL or HH is formed and after that our Nirvana/or any other system generated buy sell then u need to enter...Am I right?
But should we enter at LL or HH keeping in mind the retracement level...but itwould be too risky I think as LL or HH can be changed after that also...Is it so?
look at the image. if u buy at HH then u r sure to be doomed and at LL if u short then also u receive the same treatment. what if am trying to say is that if buy signal comes and we buy we are also see the overall trend, where is the price is standing at that particular. is it making a HH or LL. if a HH is made price is sure to retrace back and we will face the consequences.
so this afl acts like a radar giving usthe direction for our trade.
see the chart and use the afl and then u can undetstand what i am saying
sr