QUOTE(hehe86 @ May 26 2016, 10:07 PM)
For me if a trade i'm already in and is positive for at least 4 candles, i won't allow it to become negative and i will move to at least BE.
Another thing that i would do is have a trailing SL depending on what method you like. I would trail my SL based on a logical support, in your case, after 2 up bar and moves down, i would trail my SL around the 2nd up bar high
Edit: would have exited around 0.754x/0.76
Hehe86 Thanks for your reply
Yes , i am thinking about that too , but i might get out too soon of a possible continuation trend if doing so ( as it might get a DoubleRetrace before cont )
I am still researching on these area but just waiting this trade to closed then only can really really focus
Other than profit and loss that affect , the time , the stress , the focus i lose , and you can see that alot other pairs moving on these sideways time
etc EURUSD , AUDUSD , i might have signal on these but i just knew that i am not in the best condition to take other trade
and the time will affect the overall monthly performance
Really really alot to be consider
My trading target was to capture the trend as long as possible before a big retrace , as such these CADCHF retrace were small and weak but it was the initial stage of trend and i am counter trending previous trend , yet i am trading a double top @.@ confuse me and maybe because of these the market goes sideways
counter trend on lower price , double top/major resistance on higher price
Well the reason i still taking these trade were , it havent break over previously 2candle range , the volume were weak, the range/pips moved were weak , i am on a profitable position yet with little losses if happen , and if continue i might get a big trend
( i move the SL and TP all the time everyday depend on the price formation )
Maybe emotionally/psychologically i am not willing to lose or i want to know how it like when taking a trade as such , i not sure about that , but i will quit my trade on tomorrow if candle close above 2 candle range or i might not want to lose and predicting that a reversal might be on those price thus move the SL even higher but will not goes higher than the initial SL of trade* i lose more on swap rate
And if i dont passed thru these experience , i will get the same emotionally problem that prevent me from taking other trade like now because i am quite confuse with the situation and no idea how to manage the account for best performance , no calculable thing for me to consider the probability