DislikedMalcomb, when going for the big move at London open, is it best using a stop of at least say 100pips?
Also do you ever take trades against the trend or do you stick with trades in direction of trend, as you always say you don't like to swim up river?Ignored
I do take trades against the trend if i see reason to 9some kind of topping or basing pattern on a 15 min chart). Often price action will tell. Yesterday on that wicked up move it was buy all the way. The intention was clear. Today at top of market in that 100 pip channel was both way trades. ( but i was only taking longs).
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