Trading Target Candles, page-832

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    Hi Masonhlsy

    We call these moves Grinds and normally start during late Asia session. However saying that, it’s easy to see after the session is closed but hard to see till you have a trade in red pips. This is the reason I set all my GJ trades to hedge at 10 pips. The idea being to limit every drawdown only to 10 pips. Then I wait to have a second attempt to get the reversal. It’s rare for me to be wrong more than twice in a row so that’s just 20 pips I have to recover on a strong move.
    Let us know how your indicator goes.

    Cheers
 
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