not much confidence in the trade. Hopped out.
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DislikedThe famous rally is always a problem. What may work is after the close of the hour bar, wait for a fractal to form and then enter after the break of the fractal. This might be enough to evade rallies. Just an ideaIgnored
DislikedSome bad news, I don't think this strategy will work as a scalping strategy, a stop loss of at least 30 pips is required and a risk to reward ratio of at least two.
But this is for a robot that cannot define bad market movements so maybe this is different for a human.
If you are in a good trade squeeze every pip out of it that you can don't close too soon.Ignored