TygerKrane wrote:aliassmith wrote:aliassmith wrote:Daily
I can't win them all i suppose
When you chose your entry position, was it a shot-in-the-dark kind of thing based on price returning to the origin of the green-circled D1 candle, or was there something deeper behind your decision? Or were you just hoping for a lucky position to start managing your SPACE & POSITION from?
It was a counter trend move based on the weekly candle showing a strong rejection and the daily moving back to a zero-line. Picking counter trend moves that become new trends is tough, playing with the trend is easier.