Hi TopwonYeah if we get a nice low volume test bar around that...

Hi Topwon

Yeah if we get a nice low volume test bar around that level it'd be nice, the way I see it is that if I see what I'm expecting to see at a certain level and the risk reward is good, then take the trade. If it doesn't play out act on your stop take the loss and wait for another opportunity. I'll sometimes buy in and be stopped out a few times before I get the trade I want, depends how aggressive I want to be. I must say it's better to wait for confirmation of the setup but you do run the risk then of having ur stop a fair way away so its a bit of a judgement call as well. If you can cut the losses short and let the winners run in the long run u will be ahead.

Easy to say not so easy to do.

My thoughts on the chart below. Cheers