DislikedI actually put 50 pips TP down for counter RN setups, which still makes them a very viable setup. Often only needing 10-15 pip SL (that's a regular 4 or 5R trade). For trend trades I put down 100/200 pips (50%) and run the rest at BE. Perhaps for trend trades we don't even need a TP. Let the trend decide the exit, and we can keep adding to these positions.Ignored
Quoting shahab8bDislikedYes, they are selling the USD like there is no tomorrow. In December, the momentum based strategies work best. I expect more S/R level based trades failure, unless they are done in the direction of the trend.Ignored
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect
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