After 3x1H up move, it is always worth considering a S. And vice versa.
S 10736 SL 20 TP watching
S 10736 SL 20 TP watching
I know what to do.
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DislikedAt the moment we're @ max of the fomc release levels on my chart at least. interestingIgnored
DislikedAfter 3x1H up move, it is always worth considering a S. And vice versa. S 10736 SL 20 TP watchingIgnored
DislikedAfter 3x1H up move, it is always worth considering a S. And vice versa. S 10736 SL 20 TP watchingIgnored
DislikedHere is a useful tip. When you have entered a trade at a lower timeframe (e.g. 1M/5M). Switch to higher timeframe to see what the trend is doing. It could be a pleasant surprise or a nasty shock. Most retail traders lose money going counter trend and holding position(s) for far too long. Good Luck.Ignored
Disliked{quote} Although this is very good advice, I would suggest rather than switching to a higher time frame after you've placed a trade, it is far better to have all your time frames open as you place the trade, so that you know where your trade sits vis-a-vis the bigger picture in advance.Ignored