Good points and I agree with you totally. These current market conditions forced me to stop trading my short term style and focus on higher TF setups.
Cheers
Cheers
DislikedThe market has just changed a bit, but to say its not a position market is very false. All the smart money still & always will position trade. Just like any other market you need to follow the flow of the money & stick with those pairs that its moving into, as of the last 2 months that's been the yen crosses. If your going to trade pairs like e/u your going to need to raise your TF (daily or higher is very clean IMO) lower your leverage, & widening your stops to avoid getting wipsawed from the choppiness from all daily political headwinds the media...Ignored