DislikedHello. -- Im Watching W1 D1 H4 and H1/H4 for entrys. -- Big Width Lines is the Weekly Candle Control -- Medium Width Lines is the Daily Support and Resistances -- Small Width Lines is the H4 Support and Resistances. Entry: W1: We are in Weekly Control Candle *Bearish*. Ranging Mode. Daily: Make a Lower Low in the "Crash" and then Confirmed Swing Lower High and fail to make a new Lower Low. and Creating few days later the Weekly Control Candle. Then the price go Higher in the Resistance Zone and Fail to break it and again confirmed a "new" Lower...Ignored
For example in this Situation that the price is going agaisnt the "Entry", you keep the Order Open until the StopLoss?
I read that the best case if the trade is wrong, is closing it and dont let hit the SL and in fact in ur Charts says. "If Trade is wrong - Get Out"
At what time you consider that the Trade is Wrong? The entry Still is valid? Thank you.