DislikedG'day Ben,
I would like to discuss this snowball theory with you. Please correct me if I am wrong.
say the price right now is .8960. I can have stop buy orders lined up at .8970, .8980, .8990 and .9000 with TP of .9050.
Similarly i have stop sell orders lined up at .8950, .8940, .8930 and .8920 with TP of .8900.
so if the price moves just in one direction, all my orders are going to get filled. but what if the price retraces back from .9020 and I am not infront of my computer? Then the price moves to .8910. so during this ride,all my buy...Ignored
the secend one , you are long x4 and short x4 , you had to wait where the price travel below or above your average position either the short in profit or long in profit and you attak or add to the winning one +4 if the price continue in your winning trade direction add a nother 4 and so on when the time come you add the loosing one 8 to lock in the gain