DislikedHey C
The story in short is what this entire thread is about. I know that answer sucks but it is the truth. You have to just start and learn and make mistakes and see what others have done that works.
Story in short = Bar + Location
Location = confluence, reasons for importance behind the trade.
So as you work through this thread you will catch onto little new things that you never thought of. Everything from Price Pivot Zones, to divergence, to bar size, to round numbers, and the list goes on and on. Being able to put the pieces together...Ignored
Allright Mike that actually sounds very reasonable. I have a couple more questions but I'll keep on reading and will post what I don't understand.
And oh, btw. Could you take a look at AUDUSD 1HR chart?
To me, the last two candles are making a two consecutive HIGH.
The story behind why this trade would work out is that it is a strong trending market right now right?
Would you take this trade, and if so, where would entry and SL be?
Thanks!