DislikedThx - Funnily enough I stayed out for the same reason - although it still worked for 50 pips into the first trouble area..
I thought I'd post it as its another example of the method working - even though its not the best one.
Do you know if Tom uses a fixed number of pips away from a marked level on a previous move towards the level that he cancels the trade from?
(hope this makes sense?)
rgdsIgnored
I dont think he has a pre-specified distance before he cancels the trade. He mostly looks at the price action and how price approaches a level. Maybe Tom himself can clarify.