Disliked15m lossing trade, ct/div @1.4350/BB. i was struggling to get out with small lose after the opposite pin was formed, but it broke the pin before it and where it closed seem to be neutral to me. so i waited for close of the following bar, if it look even neutral to bullish then i get out, but instead it took my stoploss.
i think i'm building a case in my head here. these ct/div setups with heavily overlapping price action seem to not work more often. compare to ct/div setups which have more clear minor swings. i'll be extra cautious next time. anyone...Ignored
That being said, I don't take CT trades at all (but I do watch them as they form and play the 'what if I took this trade' game in my head as price moves)...only trend trades, and so far my win % is very high and I find that they get to minimum 1:1 very quickly when compared to the CT trades I simulate.
Just my view.