I dont always take the 1230 trade when it turns gree, if its turning at support, i take it and keep sl very tight , and dont hope for more then 100-150 pips on that. Its not safe to counter trend as longer trend is still down. a little discretion is always required.
DislikedHi Nisha, I just want to clarify this, but in your chart and your post above; The 4920 is red and if 1230 turns from green to red you enter in direction of longer term trend but if the 1230 turns green again you open a buy basket? And as you mentioned tp is at S/R (or at our own discretion). Thanks and regards BrendonIgnored
Trend is your friend...