Dislikedit seems for every 1 profitable trade, i get at least 4 whipsaws. Not even time to get out of the trade, gets you in and turns its tail. not having luck so far but will keep at it. Its a demo account so wont break me at least.Ignored
What I have seen so far is that there needs to be a strong move in one direction first, before the pullback or consolidation. Like a burst or breakout, etc.
In other words, the market needs to make a move to show you and tell you clearly: WE ARE GOING THIS WAY -- DEFINITELY.
That's why I showed that example.
It may be helpful to use an indicator like Waddah_Attar Explosion or MA Angle to show that there is a strong move occuring first before considering taking a trade. I would like to be able to keep it simple because that is the system, but I don't know if I can clearly see what is happening without some "crutch" to help me. Maybe it will come with time and experience.
So far, I'm just keeping my finger on the trigger expecting it to turn on me any second.
Dave