Interesting...subscribed.
I noticed this movements as well. Whenever PA breaks through the 200EMA and bounce back to the direction of the broken 200EMA after a retest...PA will naturally move for a couple of pips. It all depends on the trend, support, resistance and etc. This will work best on a trending market. So...what do you do when it's ranging? Wait!!! Don't trade!!! Isn't that the right thing to do? Wait for the market to settle down. When everything is in place...then go ahead trade away. Will be looking forward for the inputs of other members. Stay green everyone!
I noticed this movements as well. Whenever PA breaks through the 200EMA and bounce back to the direction of the broken 200EMA after a retest...PA will naturally move for a couple of pips. It all depends on the trend, support, resistance and etc. This will work best on a trending market. So...what do you do when it's ranging? Wait!!! Don't trade!!! Isn't that the right thing to do? Wait for the market to settle down. When everything is in place...then go ahead trade away. Will be looking forward for the inputs of other members. Stay green everyone!
~I'll take 5 pips or whatever I can~