Yeh, but at some time the trend will change upward and that is where you often can make the best money. You just just look for yearly bottoms and when it come up and resists a level to form a #2 point then drops again and then bouces back up #3 point without establishing a new bottom point to break the #2 (resistance) that is a strong trade. Every good trader knows this. So I would have traded that last reversal for sure with a trailing stop at the #3 point at entry and ride the new trend up.
!!!!!WARNING. DO NOT GO TO THE BRITISH BOX BREAKOUT WEBSITE. IT IS INFECTED WITH A VIRUS!!!!!!!
nohabitualthinking 2 days ago
Hi! Have you considered the British Box Breakout (google it)? Ive heard some extraordinary things about it and my cooworker earned a ton of cash.
bappyctg1 3 months ago
wht is tha name of the indicator in ur chart
in the bottom of the chart ( the red lines)??
mohamedhoussen77 4 months ago
Yeh, but at some time the trend will change upward and that is where you often can make the best money. You just just look for yearly bottoms and when it come up and resists a level to form a #2 point then drops again and then bouces back up #3 point without establishing a new bottom point to break the #2 (resistance) that is a strong trade. Every good trader knows this. So I would have traded that last reversal for sure with a trailing stop at the #3 point at entry and ride the new trend up.
tecnolover2642 4 months ago
Comment removed
tecnolover2642 4 months ago
Great video!
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