DislikedWell, I am not doing a lot of constrainments but in my opinion after you decide it's constrainment and the MA starts to point up or down then get in exactly on the MA. Alternatively, wait for a rejection bar and get in after it closes (this should be done early otherwise you may loose the move). First way is better since it allows for a small SL and if you are stopped out you can try again.Ignored
Thanks..to have experienced & successful trader like you share his opinion is really really helpful..
I understand your explanation above but again due to my limited experience, i still couldn't find where to entry on chart i post earlier...
Perhaps you willing to spend your time to show me where to enter/potential entry for that chart...
Yes, the reason I not enter that trade is because partly Fear..why, because I couldn’t determine the SL (minimum SL)..as I couldn’t afford large SL/drawdown…
My trading style not aggressive..so if couldn’t determine initial SL/TP of that setup..i prefer to skip/wait (which in this constrainment case made me miss the big move)
Attached Image