DislikedThat's pretty much it, mihali. My trading style is not conservative and I trade bounces/touches off of S/R areas. If I am right PA usually forms on the same day or the day after. I might add more at that time. If I'm wrong.. that's where hard stops come into play.
p.s. i don't recommend this style of trading. in the first several pages of this trade you'll find everything you need to be successful trader after some practice. (..forgot to add, psychology is a major factor here... )Ignored
how do you determine that it is indeed a bounce off the S/R area initially (lower timeframe possibly)?
thanks,
wc