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Jeff - from your today's chart, it shows Reversal bars as green where mine shows Magenta, your chart times at 8.00 and 9.15 bars. unless you have a way of disabling RB
Excellent observation !!!! As you probably have noticed from my previous post........I was NOT happy with the reversal indicator in it's previous incarnation.......so......I eliminated the reversal bar function until it was fixed......and now it is fixed and reposted.
I actually thought of trading 1 contract and at +8 just moving stop to be. This gives a better R:R. If you trade 2 then the possibilities are 32 ticks, 0 ticks, or stop out. If you trade 2 contracts using targets +8 +16 then the possibilities are 24 ticks, 8 ticks, or stop out. It depends what is more likely: hitting 2nd target or hitting first and then breakeven.
Also for reducing risk I was wondering how this would work with a 10 minute bar. That would make stops closer but targets would have to be lowered as well.
My World time zone is GMT+1, which is the same as London time now. Later in the year, London will be 1 hour behind my World time zone. So, London Open is at 8:00am now, which is the same as my time now. Later in the year, when London Open is 8:00am, that would be my 9:00am.
