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For me, based on my sometimes dubious EW count, if it breaks up here it likely will try to break .908 again. If it breaks down I think that will likely be the cue to go short to the low .80's.
a day in the life of the rm..
on its 24 hr cycle
a:couch
hey ac hope all is going well for you
Just having a quick look at your road map here, I know you've said before that the LIS determines if you are long or short, but there were some great trades to the long side below the LIS last night. Do you get aboard these types of trades at all?
Hi p.f
yes all goes well here, and i hope all is well with you also
yes i do, as each no is a strong no,as they all stem from the LIS. and will usually reverse,before continuing on with the trend.. so great for a scalp, but the scalp can also then turn into a change of trend and continue over the LIS..
so you can enter on one no and take it of on the next..or if you think it is strong you can trail..
quite a few options there
hope this helps explain the rm a little better.
have a great day
ac
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