DislikedI m curious to know if many of you will take this kind of trade when just after PA made a NSH happened a strong rotation will you take this counter trade, did not remenber Mr.Pip taking this kind of trade ? Advantage of this trade is with weak projection you could expect a depth retrace and you keep a tight SL, disadvantage it is more risky {image}Ignored
I still had my stop above the previous high on the M5 chart.
Although I use 2% risk for every trade, so a close SL for me would still be 2%, as the distance of the SL away from my entry doesn't have any effect on my risk.