Disliked{quote} Price action follow-through. Never get too greedy. In the Choros thread, Kostas often reminded us to take profits instead of waiting for the moon... {image}Ignored
On big moves like today, I use Fibonacci retracements.
In immediate trend trading on lower timeframes, identifying the TP isn't always easy. The last HH or LL, obviously—but quite often, the price doesn't reach it. It’s harder, and often even impossible, to scale into the position to improve the overall break-even price. It’s a real problem.
Dax only.