Hi Sang.Real
re your question to PopeyeEA above, may I offer you some advice too:?
1, You need to decide whether you are scalping, or swing trading for bigger targets...if true scalping -cut your losers quickly and let winners run at least to 1st potential problem area (ppa) on 1hr and see what PA does there. Stop confusing the two - they are different.
2. if going against the trend (s) on t/f's above that of your entry - you need to assume it is just a pullback until PA on successively higher t/f's than that you used for entry suggest otherwise.
3. Always look to get 'with trend' as a first choice trade.
Re your current long...it's against the main move of the day but it is in the lower part of the 4hr/daily range 4017-3778 the extreme of which - 3778/75 looks vulnerable now does it not? So decide what type of trade it is re the point I make above and act accordingly...If a swing trade - stop below 3775 is safest. I am not making any judgement on whether it is a good trade or not.
re your question to PopeyeEA above, may I offer you some advice too:?
1, You need to decide whether you are scalping, or swing trading for bigger targets...if true scalping -cut your losers quickly and let winners run at least to 1st potential problem area (ppa) on 1hr and see what PA does there. Stop confusing the two - they are different.
2. if going against the trend (s) on t/f's above that of your entry - you need to assume it is just a pullback until PA on successively higher t/f's than that you used for entry suggest otherwise.
3. Always look to get 'with trend' as a first choice trade.
Re your current long...it's against the main move of the day but it is in the lower part of the 4hr/daily range 4017-3778 the extreme of which - 3778/75 looks vulnerable now does it not? So decide what type of trade it is re the point I make above and act accordingly...If a swing trade - stop below 3775 is safest. I am not making any judgement on whether it is a good trade or not.
Intraday (mainly) swing scalper (+,) via a Supp/Res & PA based edge.
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