Hi,
Anyone with experience on swing trading know how the countrend swings usually between 5-25 pips are calculated? To my understanding most of the time in a 50-90 pip rally we usually see 10-28 sometimes 24 or 25 pip countrend rally before trend continues. There has got to be a calculation imo based on adr or candle ranges within last x number of candles anyone shed any light?
Thanks.
Anyone with experience on swing trading know how the countrend swings usually between 5-25 pips are calculated? To my understanding most of the time in a 50-90 pip rally we usually see 10-28 sometimes 24 or 25 pip countrend rally before trend continues. There has got to be a calculation imo based on adr or candle ranges within last x number of candles anyone shed any light?
Thanks.
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