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Hi Guido
No matter - just trading after rule set. This doesn't look for last lows...
The rule today was for a down gap on a Tuesday. Which worked nearly - until the stop hunters entered...
Watching a probable pattern of "double bottom" in the daily Dax I can see only very little possibility to reverse there.
Instead some lower lows are on the plate.
Because the Kumo (cloud) is thickening in the future which means more stable resistance on the upside:
Be aware of thanksgiving and a tricky Friday on the DAX this week.
another question, if I may? maybe next time you post a trade.
When you say kumo thickening do you measure it on the vertical of current bar? or at the end of the kumo 26 bars forward from current bar? thx
Easy: The kumo is most interesting at its end - means 26 bars forward.
Just don't take it for short time - but from 30m up - then it is very valid.
Just an add to the same kumo:
If the cloud on the opposite is horizontal (actual trading time) then price
will be attracted. Means with high possibility tearing price through the cloud.
Same in the opposite direction from top to down.
