TheRumpledOne
Senior member
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THE DRAINING CONTINUES...
train left the station
RED RAT GOT THE CHEESE
RED RAT GETTING FAT...
TRO,
I dont understand the "low of the day" bit, because you dont know if its the low until its after the close.
Is it the low/high of the previous day?
Or are you saying that if price changes direction for 20 pips, you assume the low/high is in, and you are trading in the opposite direction?
I am trying to follow your posts, but the phrase "low/high of the day" seems ambiguous to me.
thanks
hope you had a good week.