“I know price will react here but no idea what to do”
Sound familiar?
Having an idea of where price might reaction from is not enough. You should have a plan in place beforehand.
Depending on price (you can use ATR indicator for this), it's important you know whether you should enter/exit with limit or market orders. Where your idea is invalidated and how long you should let price run
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“I know price will react here but no idea what to do”
Sound familiar?
Having an idea of where price might reaction from is not enough. You should have a plan in place beforehand.
Depending on price (you can use ATR indicator for this), it's important you know whether you should enter/exit with limit or market orders. Where your idea is invalidated and how long you should let price run