Some people wait to observe the reversal candlestick pattern before opening position.
- entering after additional confirmation
- is this really any good/valuable confirmation?
- the StopLoss is automatically bigger, as we enter with delay
btw: Excellent resource-Bulkowski's Top 10 Reversal Candlesticks -> http://www.thepatternsite.com/CandleReverse.html
Last edited by kor4x; 08-22-2012 at 10:51 PM.