Well, it was DAY 9 and the FBT (First bar trade) was a loser....loser oh yea baby a loser......BUT, if you remember that we have talked several times about the 3rd bar reversal. This was a trade setup that Olemikey loved and talked about and it did "OK" today......tough morning......but with 7-2-0 I'm still smiling.
The next trade setup was an ideal short as the 50 CCI ZLR turbo came above 100 while the CCI itself was below zero for 6 bars.....BUT, the next bar was an outside bar, and outside bar is just that the high and low excessed the high and low of the last bar. According to rules, we could go short if the low was taken out without taking out the high........SO no trigger.
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