DislikedHindsight shows I need to check the longer term harmonics before trading everyday. On that note I wanted to know if any of you have a rule of thumb about entering at a particular point in a long term swing. On the chart, I entered the trade this morning in what was essentially the last 25% of the 1:1 completion to the upside on the longer swing. Do any of you have a percentage, etc, cutoff rule for when one should avoid entering a trade on the latter part of a longer term 1:1? Basically, looking back, even it this trade went in my favor if I took...Ignored
Wow! I've got some experience to gain.