So far this has delivered more positive results as often a
set up will deliver R1, then retrace and from another «trigger» signal (candle formation) at a similar level offering another opportunity to achieve R1 again, even if after that the market moves against the two or three
valid «
set up» triggers This article provides welcome confirmation that whilst I am not managing my
trades from a money management perspective exactly as yourself, my method is similarly aligned
But the fact is that they were
valid counter-trend setups, so we should just
set up our
trade and then let the market do the work.