If you get stoped out to much you should apply some filters like reversal trades only after prior trend line break, xy setup bar or whatever works best for your strategy. You sold the first break of the trend line. At the latest after the big reversal bar up there was a strong sign to get out since your signal /entry bar didn't really work out.kolo » Today, 06:45 wrote:Fox stop out me.
In total the move up after the TL break wasn't the strongest, it had overlapping bars and the bull bar to a new high was immediately followed by a bear bar.
The best two signals (also they were into your direction) turned out to be nice entry bars (the ones with the red arrows). Also it was something wedge like, the area with the 2 arrows was a third attempt to push the price down.
This was a what Al Brooks calls a MTR setup and it had additional evidence for a good chance to work out.
cheers