And waiting for a high
probability trade set up is key as you mention throughout your course.
Not exact matches
I am curious about the benefits of subscribing to DTFL as I am subscribed to a few price action forums and supposedly
trade set ups however to this day they are very much hit and miss, I am looking for a genuine high
probability service and
trade set up.
For example, if this same pin bar setup above occurred in a range - bound market or in the course of a downtrend, you would not likely
set a target of more than 1 to 2; therefore the
trade would be a lower
probability setup.
That's why many traders turn to specific options strategies to
set up higher -
probability / defined - risk
trades specifically designed for markets just like this.
There is no mechanical approach that I am aware of that makes money long - term, all methods I
trade and that others
trade that I know of, use a basic
set of guide - lines, and basic «
trading plan conditions» that they use to find a high -
probability entry into the market.