I have been following this discussion and I could see your point of view on this Allison until this post. You could have interpreted the rules perfectly and could still lose a trade - nothing is fool-proof.allisonmagic wrote:if i lose this trade, that means everything i was told about how to trade this system is wrong.. and someone needs to post exactly how to trade this.. and delete the pdf on the first page
Your post comes across as pretty disrespectful imo and cmeade is not being aggressive, argumentative or unreasonable - he is just saying there needs to be some clarification about this kind of situation. You have been given a very powerful method - just look at your signature - you don't get those results from a method that doesn't work. That method came in to being because Bob put a lot of effort in to it and a lot of effort in to explaining to all of us how it works. Now read your post above and see how you would feel about reading that if you had put all that work in and had been generous enough to share it.
Moving on.
I can say that I have been doing something similar to you - i.e. RSI flat - set pending trades at nearest S/R/pivot. It seems maybe we need to give the setup a bit of room and wait for the RSI to start moving away from the extreme before the trade is triggered - OR in a practical sense - don't put the pending trade too close to the price as the RSI STARTS to flatten?
I am listening with an open mind cmeade.
Cheers,
Dave.
Literal thingies, my bots. 