Reversing here can be tricky, 60min bar WRB and a rest bar, are we coming inbetween a good trend day?
Not sure either on this reversal....maybe wait some more time...
Yes I sometimes wonder that we are trading reversals too tight and in the process thinking like scalpers. But if we dont,then our entry is very late.Bit of a dilema ...
Yes I sometimes wonder that we are trading reversals too tight and in the process thinking like scalpers. But if we dont,then our entry is very late.Bit of a dilema ...
how about taking 1/3 and waiting on sidelines with the 1/3 to re enter .. sar with entire position of such vague signs is risky, but partin vth 1/3 seems logical
agree we sounding much like a scalper
how about taking 1/3 and waiting on sidelines with the 1/3 to re enter .. sar with entire position of such vague signs is risky, but partin vth 1/3 seems logical
agree we sounding much like a scalper
We position sized so that we dont get hurt with a loss. This 1/3 out on confusion is a discretionary signal. We may get confused everytime the markets dashes against our position...after running for us for some time.
In the process...the method goes for a toss.