Hi Kadiddle,
I am quite agile as a trader. Ultimately my target is the last swing point, but on occassion I will exit early or later depending on what the price action looks like and the momentum in the market.
I know that is a little hard to grasp and sometimes that approach can obviously burn you, but when you sit in front of the screen all day you do tend to get a feel for the markets.
But if I were to put them into hard rules I would say on a decent pull back exit at the last swing and a breakout trade from a congestion zone should be played with an opposite candle exit.
I hope that clears things up.
Thanks
Nexas
I am quite agile as a trader. Ultimately my target is the last swing point, but on occassion I will exit early or later depending on what the price action looks like and the momentum in the market.
I know that is a little hard to grasp and sometimes that approach can obviously burn you, but when you sit in front of the screen all day you do tend to get a feel for the markets.
But if I were to put them into hard rules I would say on a decent pull back exit at the last swing and a breakout trade from a congestion zone should be played with an opposite candle exit.
I hope that clears things up.
Thanks
Nexas