Dislikedhi Invermac The only downside is enough? for example: tonight ( AUDNZD MN is Red && W1 is Red && D1 is Red ) 1) Is AUDNZD chosen for tonight?( According to the high shadows ) 2) For currency pairs with High Spread (for example AUDNZD that Spread is 12) Do you Change TP=10 to TP+Spread? Or due to high Spread Not chosen AUDNZD? thanks {image}Ignored
Today in the market there was much volatility, AUDNZD have all the condition for a sell trade, but with that big shadows in the daily candle I prefer avoid this pair for tonight. The currency pairs with high spread I leave the same TP and SL, it is a little risky but I have good trades with this R:R,
I got 3 Stop loss this day because I think there was a new in europe or something. But I have another strategy for recover the loss in the day. This strategy remain in test and I will use in the following year.
NOTE: I forgot to tell you, DO NOT enter in consecutive daily candles!!!! wait until second candle open.... See the pic I shared about this