Disliked{quote} Hi Yvon, If you check some of my earlier posts to Binnie and Nic I explained to them how I personally filter those trades to stop myself entering too early. That trade happened to me SO many times until I started looking closer at the pullback to the 21ema in 4hs in a lower time frame. Checking the pullback has made the right amount of waves back helped me a lot, it may be something you can find useful as well I know Phil Nel doesn't enter using 4hs as he always says he uses smaller time frames. If you see below in the 30 mins I got entry...Ignored
you are right, sure if I get to a lower TF, the possibility of more Pips could be there. I I just go ,if needed, to the 1 hr chart, which in this case was in consolidation. rarely I go to lower than that.-but no doubt, 30 min gives more info that could draw a clearer trend.
thanks for commenting,
Yvon