Oh, I agree with you on these points. I for one don't see trading divided in separate units of work (trades). To me is the whole thing, how it moves on what TF the trading is done at this particular moment etc... I posted this entry earlier.... I do close trades at a loss (see the win ratio at the bottom of the post), i don't hold them forever, but I don't just sit there and watch in horror as they move against me. I immediately take a counter on a lower TF if I see a valid target there. In other words I just continue to trade, keep an eye on the losers and close them when I lose faith. Here is the post.
http://www.forexfactory.com/showthre...19#post4907019
http://www.forexfactory.com/showthre...19#post4907019
DislikedSure if you can do it, good and I believe you, but you are in the very selected group of traders and is not the norm but the exception.
I was not referring at wide swings, I was referring to sticking to the moves in whatever is your primarily TF. So it can be a weekly swing or M1 swing is irrelevant the outcome, what it changes is the size of the range you are aiming.
Nothing wrong to scale in, my point is actually on scaling out. Sure you can scale in an entry for a daily swing trade (or whatever Tf) based on intraday without...Ignored
Back into the triangle later
