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$212January 24, 2014
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Hello Theo,
The attached image is from the article 'Entry Trigger Mechanism' on the 'Trading Strategies' page.
Does the orange line mark a potential split double tap? Should it be considered as a potential obstacle to the trade?
Pepe.
Without you (price action), I am not worth a [s]cent.
$8001983February 26, 2011
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This trade was a green 'scale' of swing that you were trading.
Relative to that you need to find the obstacles that were in the way of 'its' new high.
The split double tap you have marked out was too close after entry and not relative to the green swings new high if you were correct.Â
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