thanks for the input nige,
reason that that trade would have appealed to me would have been the signal candle was a nice strong bullish looking candle which to me said that momentum back into the trend direction was strong. But I do agree with you that maybe a few candles worth of pullback is needed.
Does anyone here look for entries during the tokyo session on some of the yen pairs, I've noticed some nice set ups happening during these times.
reason that that trade would have appealed to me would have been the signal candle was a nice strong bullish looking candle which to me said that momentum back into the trend direction was strong. But I do agree with you that maybe a few candles worth of pullback is needed.
Does anyone here look for entries during the tokyo session on some of the yen pairs, I've noticed some nice set ups happening during these times.