DislikedHello Be Cool,
im still waiting for your PM reply. anyway, i'll have a go at it now..
let me start by saying there are no certainties. we only trade with probabilities.
in that light, we cant be 100% in knowing beforehand what price will do, how it will react.
having knowledge of S/R.. we are able to tip the weight slightly in our favor in terms of WIPG etc. then we try to be consistent in that path.
also, im still in a transition to trading Daily & up charts (while trading lower TFs), so my trade management & perspective might be different...Ignored
Hi SupremeChaos:
love your name, it's so cool. I am new to this thread, saw you very informative post. it helps a lot.
I have basic question that how to judge the trend reversal. please see the attached EU daily chart, I marked some bars on the chart, please explain where you would call the trend end and confirm new trend starts?
many thanks,
seeing through