DislikedHello! What is your decision process when you're in a trade and an opposite setup appears?Ignored
Usually I will close the first position and enter with the new engulf, obviously trend needs to be taken into account, and s/r, you should in theory be able to trade from engulf to engulf, but there will be times when h4 stops trending... so its not a perfect answer.
What I would love to master is hedging the position, especially if the new engulf signal is countertrend, and I actually have an example from a trade last week... i will do a chart..
So this was gold H4, not perfect by any means but you can see if you mastered trading from engulf to engulf you could stay in the market constantly, locking in profit
tradewith60