Trade Management

GER40 M1 — AC setup entry and early exit

The importance of targets

Here is another example of a trade using the strategy from Buy the dips, sell the rallies — almost the same setup, but the result could have been better. The entry was fine. The problem was the exit: no target, and an emotional decision to get out early. The trade — M1 entry M1 — price rejection at Day Open with Inside Bar (IB), Acceleration Correction visible in eWaves, 3.20R exit ...

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