Thanks DW! great advice Ill be sure to keep that in mind looking forward
Unfortunately, the a/u trade didnt pan out... on to the next one
Unfortunately, the a/u trade didnt pan out... on to the next one
DislikedAU 15 min chart attached.
The one thing I try not to do is get too carried away with R:R.
In my opinion I find it better to use the key "areas" as targets to either TP or at the very least have a BE entered if you want to push for more.
If the R:R you are looking for lines up with a key area or measured move from a pattern then all is good. The one thing I think to be careful of is if your R:R target puts it in no mans land where there is no logical or technical reason for it.
I also find in those times when I attempt to push more out...Ignored