DislikedWhat happens if the price hits your BS at 1.4325 (on bouncing back up from, say, 1.4300) and then decides to keep moving south? It may keep on going up to 1.4200 or even 1.4150 as you say, causing you to meet your SL. Just a thought.Ignored
Whichever method you use to plan your entries, it's just plain impossible to be always right. Having said that, I believe that as long as you try to increase the odds in your favor (as per Joe's plan) and pair this with some good MM skills, you only need to be right 51% of the times to be profitable in the long run...
My 0.02 pips.