Expecting Strong move to the downside if it reaches the blue line drawn on the graph. Only looking for the short. 1 = Hoping for the best, I need a win; 2 = It should work if this happens; 3 = Textbook trade, It doesn't get better than this; Confidence Level = 2;
Level 2 means that "if" this happens then it "should work".
Level3 means that the trade can't get any better, it's a clear textbook trade and has 90% of accuracy.
Level1 means that I'm hoping for the best.(There is still a strategy involved but Im not really sure about it.)
Madsmaru
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@2sexy, Thanks man! So if the condition wasn't met, we don't short? or we can go after the targets now?
2sexy
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@Madsmaru, Don't short unless it reaches the blue line.