It`s always better to sell at a resistance and buy @ support.
Sure they will eventually break and make you lose 20 pips. BUT it will bounce a lot before that, giving you many many pips.
Sure a breakout and 100-200 pips may look better on paper than a few 20-100 pip bounces, but the breakout can only happen once. And hit your SL 3-4 times before that. Or force you to place such a big SL that in order to keep a sane MM ration your $/pip will be very little.
I can go on here but the most probabile outcome is that it will bounce. So go with the higher chance.... :-)
Green pips!
Sure they will eventually break and make you lose 20 pips. BUT it will bounce a lot before that, giving you many many pips.
Sure a breakout and 100-200 pips may look better on paper than a few 20-100 pip bounces, but the breakout can only happen once. And hit your SL 3-4 times before that. Or force you to place such a big SL that in order to keep a sane MM ration your $/pip will be very little.
I can go on here but the most probabile outcome is that it will bounce. So go with the higher chance.... :-)
Green pips!
God i love forks
