Disliked{quote} Hello bistolis, Can you ask me about your trading management with these long wick candles? How long have you kept your trades for so long? Thank you very much {image}Ignored
The most important thing is the shadow , which gives me confidence that this will keep moving up (until it doesnt )
As long as price is below you dont need to worry that much of this reversing on you. And if it does, then your loss is well defined and you exit your trade.
GBPJPY M5.
It moved quite a bit since late NY session. Probaby I will stay away from my charts today
You want that kind of shadow forming along the way or as in my EJ example. Support or resistance taken from H4 D1 and thats all you need to start creating a plan for your trades.
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