DislikedIn whatever trade you take long or short, once the reversal bar closes you put a reversal trade at the same location as the stoploss. There is a really good explination and post number you can go look at to determine the stop loss for the reversal trade that is located on the first page. Hope this helps.
-SterlingIgnored
Actually the only place I hear of this. The rules talk about a reverse order is when you get stopped out. Even following your trade steps, you only speak of the order's stop (be it buy stop or sell stop), and a stop loss. It only speaks of a reversal when there is a stopped out order. This post is the first time I hear of this. Maybe I missed it somewhere...