DislikedInterested to know how you might have played this scenario today. Short signal bar at 11:30 (GMT), immediately followed by reverssal green bar with fluctuations caused by ECB interest rate not being cut as much as expected at 11:45 GMT. The next Force 5 long entry supporting the VFE reversal was at 11:50 but did not close outside the range of the previous 5M bar. Would you have been tempted into this or left alone?Ignored
I stayed out because of the news. There are only two kinds of news that concern me, interest rate announcements, and Non-Farm Payrolls (NFPs). I know I'm not good at trading either one so I stay away.