Early In, Early In, Early Out
Rather than waiting for the confirmation of a “volatility filter,” you Buy into
Support and Sell into Resistance.
Feels “unnatural” to most people because you are taking a position opposite to
the direction the market is moving right now.
Only do it when you have a CLUSTER of Support/Resistance. The odds are that
The odds are that
the market will not slice through such a cluster on the first try.
Only do when the Cycle in the next higher time frame is in the
Use a stop no more than your max stop as provided by your money management
You can “leg in” inside of S/R and outside of S/R.
You can enter part of your position via E.I.E.I.O, and the other part with the
Extremely Advanced entry technique. Requires SKILL and GUTS.
Can dramatically increases your Risk/Reward ratio, and for that reason is
especially helpful when you are taking the setup and trigger on the same