DislikedFirst of all, thankyou.
Second, and I must stress I say this respectfully, just for a better learning, I cuote some things you said:
ME: You have to wait untill you have some evidence that the bounce is forming, right?
YOU: Yes but I don't really have definite rules to define it.
And I read in the image you attached in a recent post:
My question then, is, should I rely on previos candle low's breaking?, just as a guide (I know I must learn to consider another things) but is that a good start?
Again, completely respectfull, I just think...Ignored
Yes, the entry is very important.
Also yes, you need to consider other things and that is what I meant by not having definite rules for example if a. and b. and c. are visible/in line, you need to enter. I cannot provide you with a. b. & c. as entry rules. However, there are the basic rules that need to be visible e.g. 50MA to be at a 20 degree angle.
The break of the previous candle's high or low is just one of the methods that you can use to get into a trade much quicker. However, sometimes it is a high risk entry method.
Phillip also highlighted the power bars (I think in one the links on the first page). You can wait for one of those bars to appear and then enter on the opening of the next bar (after the power bar's close). It is another way to establish an entry method
I hope it helps.
Willem Forex recipe for success = Patience, discipline & hard work.