Thanks for the fast response. I am still having difficulty in deciding on a directional bias. On a daily chart (of for example USDX) one could observe, say, a down trend. However, 30% of the days will still be counter trend. Does this mean that one ...

Price action trading - Trade like the pros!

Hi WDays I like your thread. Just finished reading most of it. Could you clarify how you normally enter a trade. Do place a pending order (e.g. for a long a Buy limit or a Buy Stop)? Or, do you use instant execution?

Price action trading - Trade like the pros!