DislikedMy own personal rule of not entering the trade if the open of the candle is less than 1 pip from the trigger kept me from a losing trade today. Gotta get lucky sometimes too. I'll take it.Ignored
we see quite often an almost trigger and then it runs away.
After you posted the above, this happened .
AND it could of gone either way.
We had cable 00-00 low going to break, price got to within 1 point of the low then retraced back up for 20 points.
a lot of people would of shorted and probably got stopped out.
BUT, i speak of retrace trades, the bias was still long , so points could of ben made, i hope you understand.
chart below shows how close it got before breaking.
X almost broke low.
Y, went up for 20.
Attached Image
SEE LINE,TRADE LINE..PRICE HAS TO GO SOMEWHERE,,, PRICE WILL GO SOMEWHERE.
2