So this two bar rev strat is really a 3 or 4 bar strat because you looked at the two bars before the 2-2... This is what is confusing me... How do I know to combine the previous 3 or four bars.
It's a two bar revstrat because it takes two bars to happen after the inside bar. A one bar revstrat happens in one bar because is an outside bar after an inside bar. Basically the two bar revstrat is an inside bar followed by a compound outside bar
great video. i've also watched your strat part 1 and getting ready to watch your part 2. I'm new to trading and have been studying and learning for about 3 months. Found thestrat about 3 weeks ago but really didn't pay much attention to it until last week. I'm struggling with trying to scan for a watch list in TOS. Any insight? Thanks!
It could have been, but then you would have gotten stopped out. Remember we still don’t know what’s going to happen, we react to what’s happening based on what we know. Look at my part 2 video at around the 49:30 mark for a deeper explanation of this as it pertains to a Revstrat. th-cam.com/video/dTd1gaWnnVo/w-d-xo.html
So this two bar rev strat is really a 3 or 4 bar strat because you looked at the two bars before the 2-2... This is what is confusing me... How do I know to combine the previous 3 or four bars.
It's a two bar revstrat because it takes two bars to happen after the inside bar. A one bar revstrat happens in one bar because is an outside bar after an inside bar. Basically the two bar revstrat is an inside bar followed by a compound outside bar
@@pelonsax ok thanks got it
great video. i've also watched your strat part 1 and getting ready to watch your part 2. I'm new to trading and have been studying and learning for about 3 months. Found thestrat about 3 weeks ago but really didn't pay much attention to it until last week. I'm struggling with trying to scan for a watch list in TOS. Any insight? Thanks!
I don’t fully understand what you’re asking. Hit me up on Twitter and DM me and I’ll see if I can help. @pelonsax
why wouldn’t the entry be to go short when the closed below the previous low intraday ?
inside week*
It could have been, but then you would have gotten stopped out. Remember we still don’t know what’s going to happen, we react to what’s happening based on what we know. Look at my part 2 video at around the 49:30 mark for a deeper explanation of this as it pertains to a Revstrat. th-cam.com/video/dTd1gaWnnVo/w-d-xo.html
I always end up making these at the exact moment my wife comes home! 🤣😂
Do you use premarket and after market data for your analysis?
For formation analysis, yes always.
So RevStrat is FAKEY ???