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- sibaroochi replied Aug 14, 2009
Another rainbow chart — In this chart I did the same thing: Wait for 3 consecutive S/R levels and then enter. What I didn't notice was a nearby COUNTER S/R level at 1.4265. However, here's several assumptions: 1. the rainbow looked pretty ...
- sibaroochi replied Aug 14, 2009
What do you think of my analysis? — Tell me what you think of this method... As you can see this is a 1 tick chart consisting of a rainbow and avg. price line. I wait for 3 consecutive S/R levels and then enter on the 4th S/R. At the same time ...
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