So, what can be my edge?
Looking at charts again, the more stable edges are still resistance/support, coupled with price actions. The long pins and also big engulfings.
They have a better probability of an expected outcome.
I will switch to 4 hour candles, and trade more often, and hold trades for a shorter period of time. To shorten the duration of my trades, I will be trailing it, and taking profit when it moves strongly the other way.
No comments:
Post a Comment