took a holiday from trading for about six months... when i was playing golf, i found it was very helpful, sometimes just to quit, when i was too confused and things were not going well as i would have liked, for a longish time....to clear the mind. there is a similarity between playing golf and trading in the sense that both need a healthy dose of judgement: although in trading it is possible to have a system based method something which never did appeal to me. The problem with discretionary style in trading is it is not so easy to sometimes explain why the trade was entered. That said the aim is to use 5 min charts and try to mange the trade .....by getting out at the first sign of trouble.....so it may be a scalp or something more
entered after the high of the bar marked by yellow arrow was broken:two failed attempts to go down...after a strong up move however we may be in trading range
true but i am looking for two leg movements....a strong bar will result in another strong bar after a retracement i will try and post a few trades which will explain this way of thinking
appreciate your comment it encourages for me to keep posting yes i was thinking the same thing.....next time i will !
Trading is not just about simply focusing on chart patterns and candlesticks and indicators and price action and support resistance stuff and continuation and reversal pattern and bar by bar analysis and those things. besides the price movement on 7 Mar 19, Eurusd has great difficulty moving for the past few weeks.