Disliked{quote} I mean you are right, just put a positive sl and let it run, enjoy the waves. However i want to pinpoint every decent move. Like yesterday, i could have get out from GU shorts, close & take my 100 pips, go short again before BOE and take 150 pips. Instead i just got 150 pips bc i was stubborn with my shorts. But it could have gone wrong if BOE was hawkish. Wait, I have an idea If i put positive sl before FOMC, not too tight, so my positions can survive sudden wicks. Let's say a sl on +50 pips so i leave a decent room...Ignored
I just don't trade the major news on release, full stop. It can whipsaw hysterically in both directions. I'd rather wait until the dust settles, the candles or direction becomes clear and then hop on board the train to wherever. But I do think that your fundies take on market is important for major news releases, as is any research you do beforehand, e.g. USD liquidity squeeze coming up = USD strength
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