Idea
The idea is simple : when market turns around, it traps a bunch of traders off guard. We trade with them, in the same direction of their exit!
Method
We let the market first create a fractal
We then let the market create an opposite fractal
We then let the market break the first fractal it created, thereby trapping lots of trades in the process
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Level: 2
Background
The famous R-Breaker is a short-term intraday trading strategy that combines trend and reversal trading methods.
Function
-1) When the intraday highest price exceeds the observed selling price, and the intraday price drops and further breaks below the support line constituted by the reverse selling price, a reversal strategy is adopted,...