DislikedThese few days, I noticed that by the time the NY session starts, many of the moves for major forex pairs have already been played out (meaning channels have already deviated far away from the SMA). I've been sitting on the sidelines these few days for this reason and I'm wondering what Laura or any of you full-time traders would do in this case. If opportunities only come up 2 out of 5 days in a week, there's a high chance a string of losses would put you in the red for weeks/months at a time. Perhaps the answer is that we can't just trade channel...Ignored
You are doubly unfortunate that you live in that retail-hating land, the USA, so as you say, very limited in the markets you can even trade.
Only option would be high time frame variants, H4 at least. This is easily tradeable that way.
Sorry to say, that sometimes, no matter how much you like a method, if it doesn't suit your lifestyle, then you have to look elsewhere.
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