DislikedI still think entry is an important point. More than 95% of traders get in a trade too late (which is why 95% are losers) Even on a longer timeframe the best time to trade is the first 10 days of the month as most news releases will cause a trend on a certain currency.
Once you pair strength vs. weakness it's all about finding the right opportunity to enter.
more importantly when to get out. I usually trail my stop every 100 pips gained and just let price take me outIgnored
The issue is, you think XXX is a good price, but you can't predict so it could dump 30pips more before it turns back onto the trend.
The more I give up on timing perfect entrys the better I become.
All I do these days, is enter with the trend and enter on pull backs, if it pulls back more I have orders to buy more, if the trend hits a change level then I exit and take the loss.
never considered first 10 days of the month or anything news wise, but only recently ish moved to a swing style method.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!