DislikedThanks Highlander for your post.
May i ask, how do you calculate the retracement level to enter the trade? Do you place the level by rough estimation?
I see some chart the candle go straight down without retracement, i guess we have to just let go the trade and wait for another opportunity.Ignored
place your order where ever you feel that you would be comfortable with the Risk Reward. some people trade the 50% retracement, which is what I did here (roughly) and i missed it. If i had been at my computer I might have used a market order to enter.