If I may, XARD has explained his rules in this post:
post1295549528.html#p1295549528
in your case, it is sell rule as follows:
**Trading off the Red Down Arrow**
- **Primary Signal:** When a Red Down Arrow appears:
- **Primary Action:** Sell at the appearance of the Pink Dot 2.
- **Exit Strategy:** Hold the trade until you see a Blue Up Arrow Dot.
There's also this rule:
2. **After a Red Down Arrow Appears:**
- **Initiate Trade:** Sell at the appearance of the Red Mini Dot 2 after price has crossed BELOW the EMA 200 line.
- **Exit Strategy:** Hold the trade until the
Blue Dot appears. If Blue Dot does not appear, hold until the next Blue Up Arrow Dot.
Based on your screenshot, you were in profit until blue dot has appeared but you did not exit, that's why...
Conio31 wrote: Tue Sep 10, 2024 6:10 pm
Can anyone tell what am i doing wrong here? Its my 6th SL hit since yesterday. Aren't these the rules that we have to check our bias visa red/green arrow or sqaure semaphore then wait fior 2nd red/green or pink/blue dot and then enter when price crosses 200 ema? What am i missing here?
