DislikedIt doesn't work for you. I never ever ever would think I'm smarter than the market. She is richer, stronger, better looking & is a better driver.
Trading in it's purest form is trying to pick a bottom or a top.
BUY LOW, SELL HIGH.
I pick reversal areas with reasonable stop loss levels just like day traders. I just have much bigger profit targets and loss levels.Ignored
I have bigger profit targets, but still want to keep my SL below 100 pips giving me an even better R/R ratio! The higher the timeframe, the stronger the supply/demand lines!