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发表于 2009-11-13 12:17 AM
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405# Cobra
yeah, it's counter trend. So basically we have to tell how strong the current trend is, plus some common sense. Or, just pass.
Normally the 2nd entry is safer. But sometimes there's no 2nd one, like yesterday morning.
stop loss is 1-2 ticks above/below the high/low of signal bar. So you don't wanna see signal bar is too wide. This involves another question, what's the safe and reliable reversal bar pattern?
To pick up signal bar, the common one is trend line overshot or climax run, the safer one is the 2nd entry.
I am not a huge fan of this, but it helps to interpret the market anyway. |
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