this is my second post, first one was a quick thank you.
I fortunate to find you guys and this forum on the day of the release of this system it seems, how's that for timing.
I have given the system a few thorough reads and it is already advancing my thinking, so a big thanks to all involved and congratulations.
here is a point I am failing to understand:
going long, we get a signal (bottoming rsi) and put in a pending order above the appropriate pivot.
AO is not yet green, a trade is entered, but it was a false break. (a spike though the pivot)
It may occur that price may drop further and give another signal off the pivot lower to the previous one.
I am guessing we will not be entering this trade, as this would double our risk, am I correct? We will not be getting a red AO bar anytime soon to exit, because we never had a green one in the first place.
thanks once again.