Team Aphid,
I would appreciate some clarification on the situation that happened today:
Today on GBPUSD, price broke the blue BAT line at 9596, stopping out the long trade for a profit & giving short entries which were promptly stopped out at 9671 (maybe my stop should have been a few pips higher).
The red BAT line has now appeared at 9674. However, if price fails to break the red line, would you re-enter short at the retracement points and/or at the previous entry?
Thanks
I would appreciate some clarification on the situation that happened today:
Today on GBPUSD, price broke the blue BAT line at 9596, stopping out the long trade for a profit & giving short entries which were promptly stopped out at 9671 (maybe my stop should have been a few pips higher).
The red BAT line has now appeared at 9674. However, if price fails to break the red line, would you re-enter short at the retracement points and/or at the previous entry?
Thanks