DislikedHi Custos,
Thanks for responding .... its good to know that i am thinking on the correct lines ..... pair is indeed not in a clear trend ...and the higher low ...hmmm...so i think if price does reacts at this level then one can probably take a small short move on a smaller TF ... nothing big ...i'll sift through other pairs for a better trading opportunity.Ignored
So, to be on the safe side, just take trades that have a very high risk reward ratio.
Example: if you have a R:R of 5:1, you can make 5 mistakes before your account would turn negative. Thus the win loss is not so important anymore, since you have such a high R:R on every trade.
Hope that makes sense?