Thanks RJ and wiz for the M1.PDF
Concise and instructional as usual, top quality.
I made special note of the 'aggressive' entry on the first chart EJ short.
This is exactly what I was referring to the other night w Jamz about letting the trade form properly, hopefully eliminating that first unpleasant pullback as soon as the trade is taken. In your example it looks like the later entry didnt sacrifice many pips either, which I find is often the way, sometimes I get an even better entry. I like taking pressure off the entry like this.
Theres nothing to stop the aggressive entry working of course, and PA barreling off.......possibly without you..........but I would take a lot more missed trades over bad trades any day. That -17 I had last night before the +55 was exactly this scenario where I didnt wait that extra 5 or 10 mins because I thought I was going to miss the move.
Its personal preference as you say, and whatever you feel comfortable with.
Thanks again
J.
Concise and instructional as usual, top quality.
I made special note of the 'aggressive' entry on the first chart EJ short.
This is exactly what I was referring to the other night w Jamz about letting the trade form properly, hopefully eliminating that first unpleasant pullback as soon as the trade is taken. In your example it looks like the later entry didnt sacrifice many pips either, which I find is often the way, sometimes I get an even better entry. I like taking pressure off the entry like this.
Theres nothing to stop the aggressive entry working of course, and PA barreling off.......possibly without you..........but I would take a lot more missed trades over bad trades any day. That -17 I had last night before the +55 was exactly this scenario where I didnt wait that extra 5 or 10 mins because I thought I was going to miss the move.
Its personal preference as you say, and whatever you feel comfortable with.
Thanks again
J.
Winning isnt everything but coming second sucks (Charlie Brown)
You got it
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