Dislikedyeah, pa confirmation is definitely a possibility. hm, however, I always feel kind of uncomfortable to get in, when price has already moved away from the level I was looking at. But definitely a possibility.
Yeah, you raise another point against waiting for PA. We all have other things to do. Do you wanna stare all day long at the chart for the perfect PA setup at a level? hm, I personally like to identify more levels in the meantime. But don't get me wrong, maybe in half a year I tell you the opposite, just my opinion right now at this stage....Ignored
Now, at least on one occasion, I was thinking of waiting for a PA confirmation on a longer TF i.e. h4.
1) For those pairs where the levels are not as clear/well defined once can probably set an alert and wait for some sort of exhaustion bar to appear before entering (may be my eyes are
not trained as yet for these type of pairs)
I guess the best strategy will be clear through trial & error .... infact i'll post some unclear levels on the choppy chart and see what you guys say.