Hi friends,
Today, I would like to say that the LST works AMAZING during the last period. The period when the market is moving into big range is the best, as we have MANY opportunities this way!
I want to show an example for a live trade I took. I don’t know if it will end with a profit or not, but the entry is 100% correct!
I showed on LST webinars an advanced way of trading the signals with continuing divergence. We have to find 4 straight lows on the chart.
Here is an example:
As you can see there are 4 lows while continuing divergence developed. There is also great support on longer TF. A level we will have to watch is the long resistance. If prices reach that and have difficulties to break above, close the trade manually with good profit. The risk/reward for this trade is around 1 to 3 after it retraced little bit after the signal.
As I said, it is a wonderful time to trade the LST, don’t miss that.
Have a wonderful day
Vladimir Ribakov
