DislikedI would like to ask you about one thing. If we trade A+ setup, we want to have a space with no traffic. At charts below on gbpjpy we have nice BUOB but have we got a space to trade? Or first trouble area is so close to take this trade? Cheers! Darius {image}Ignored
It has no confluence exept that it is off the TL. It has lot of troble zones ahead and we never know where price stops. Its a mess above. It could go againts right at the point of entry. We dont play like this. The more accurate and obvious is the pattern the more obvious is the trade. U dont need to guess what line is right, you need to pick those where you know exactly the line is right. Example:
If not up, then down, otherwise sideways :-)