Quoting diamonddbw
{quote} ++++++++++++++++++++++++++++++++ In post 219 Pg. 11, you call this set up "Textbook", implying what? We are waiting for a continuation move (up), then for price to move back below open? or Entry was already taken? Thanks, Darryl
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Sorry, my question was to vague. I was wondering why you would take that trade even though it appears there was no retrace. Does the fact that the distance to high was only a few pips, so you deemed it worth the risk?
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I'm aware you are on the left coast (US west coast). Was simply asking if you make it a habit of trading later into NY afternoons.
{quote} ++++++++++++++++++++++++++++++++ In post 219 Pg. 11, you call this set up "Textbook", implying what? We are waiting for a continuation move (up), then for price to move back below open? or Entry was already taken? Thanks, Darryl
++++++++++++++++++++++++++++++++
Sorry, my question was to vague. I was wondering why you would take that trade even though it appears there was no retrace. Does the fact that the distance to high was only a few pips, so you deemed it worth the risk?
&
I'm aware you are on the left coast (US west coast). Was simply asking if you make it a habit of trading later into NY afternoons.