Yes, the previous high is weeks away, carries little significance when it comes to taking 20, 40 pips from the market which just requires waiting for setups every 1, to 2 days.
- ultimately that previous weekly high carries significance, but we'll worry about it when the time comes.
- price action is important, but it pales in comparison to good time action trading.
- ultimately that previous weekly high carries significance, but we'll worry about it when the time comes.
- price action is important, but it pales in comparison to good time action trading.
My focus is identifying trading opportunities within the weekly to five-month timeframe, aiming for a profit potential of 700-1000 pips