DislikedWell I usually utilize a 15 min chart, the good thing about this is to protect yourself on your entry point you can always straddle the market, which I usually do with a 5 pip differential. So lets say I get a signal on swing low and I checking the volume and spreads are narrowing, I can take my entry and go in with a straddle and when the trade goes, in my way by more then 20 pips, I usually close out the opposit position and whatever you can just ride out the trend...As you can see I straddle the market on my entry which is a backstop just incase...Ignored
I'm posting an update on this chart, I'm in the trade still i bought at 1.2686EUR/USD as shown from the orange line and last price for EUR/USD 1.2788 so up about 101 pips so far..Still using the VSA method