Hi all, back from holiday.
A lot of countertrend trading going on... Can I suggest that if you are trading against the trend because the turn looks smooth enough then maybe switch to a lower timeframe and look for a clear trend there (against the overall trend in the higher timeframe). That way you will be using a smaller stop loss and more realistic take profit.
Looking forward to Monday, see you then.
A lot of countertrend trading going on... Can I suggest that if you are trading against the trend because the turn looks smooth enough then maybe switch to a lower timeframe and look for a clear trend there (against the overall trend in the higher timeframe). That way you will be using a smaller stop loss and more realistic take profit.
Looking forward to Monday, see you then.