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TOPIC: dow bounced of trendline

dow bounced of trendline 16 Oct 2012 19:25 #1

  • remo
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Rossymc wrote:
Same here Remo.
So do the out of hours action not count in the first touch rule?

Cheers RMc

Simple answer for me.... :) NO
I never trade this out of hours as so much manipulation.
You cant trust for a bounce then. Your stops will more than likely get taken out.
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dow bounced of trendline 16 Oct 2012 19:10 #2

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Same here Remo.
So do the out of hours action not count in the first touch rule?

Cheers RMc
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dow bounced of trendline 16 Oct 2012 19:06 #3

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I didn't, only coz I wasn't sure if it is right thing to do so if the area was already penetrated out of hours?
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dow bounced of trendline 16 Oct 2012 18:56 #4

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I hope you lot all placed that perfect trade the other day on the dow


dow16thoct.jpg




This was the patient persons entry :) :cheer: :)
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