Mvp Reversal?


#1

Yep! Brad is correct on that one.

[quote=dca78_00]NP - the rule is that when there are two completed apexes with lower lows in this case (can’t really tell in the pic if the P’s are sequentially lower), then the MVP reversal is valid whenever there is a 3 tick breakout of the MVP signal bar preferably within 1 to 3 bars. So, no there is no trade there because it didn’t break until 4 or 5 bars later.

You did have a couple of valid and profitable momentum scalps, though…

Happy trading!!!

Brad[/quote]