Sunday, January 22, 2012

Trading Plan: When to trade Reversals

On 15/30 min chart:

At third wave target:

On trend lines on 2 min chart in DP Areas of 15 min charts (notice no stop gets trailed above/below 15 min bars):





On 1 min chart:

If there are two reversal setups at the same time pick the one with the higher risk reward factor:



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