EURJPY is known to spike a average of 35 pips, you would end up stop out on a winning trade, safe bet on the higher time frames is using the last high and then bring it down as you go lower, if you are going to set and let it run and not watch it then you need to give it room to rise and fall.
DislikedTo all the HA candle experts out there,
from my understanding HA candles pretty much represent the trend. so intsead of placing SL above/below previous high or low could we place it above/below the change of HA colour.
The idea behind this is that PA has taken out the level that previously established the trend we're looking to capture. this would save us many pips
are there any examples of price breaking the high/low of the first candle that changed colour but not the high/low of the last swing and then conituing in the direction of the...Ignored
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