Disliked{quote} Yvon, Thanks for your reply. Yes I agree with you that we could only anticipate the market but the market will always have the last words. I have been thinking how to tie in the different time frame and you kind of answered me here. I need time to digest the above... with reference to charts and I could come back to you with more questions. But one question I have now, back on AUDUSD. Here the price broke out of the TL so the anticipation is that after the breakout, price could continue its direction (south in this case) BUT price could...Ignored
Sometime price just go right through the support line /neckline”/ trend line. Sometime, as you mentioned, there is a pullback or a consolidation, etc. knowing that is sufficient for trading. This is part of the strategy, this is what the market could do. And which way the market could go has always a risk involved in it. But applying properly the strategy could preserve your capital from getting wiped out on the first trade.
Yvon