Forget the filter,
take the trade,
workout a good exit strategy
take the trade,
workout a good exit strategy
DislikedI'm not generally in favour of filtering DIBs, although I keep an open mind about it. Here's an example from Thursday's Dubai inspired risk asset sell-off/USD rally.
The chart is EUR and there were two DIBs formed in the same conjestion area. The first broke by a few pips and was stopped the second was a clean break i.e. if you took it you had...Ignored