So, these days have been shit really, personally I have sized down my trades 75k eur and 40gb if someone is curious. Also, I like to trade 3 min candles or 5 min candles, this has become more and more complicated so both trades are 1 min candles.
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These days have been big ranges and support are king, the price already got rejected at resistance plus the wyckoff pattern confirmed an entry point.
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Just the good old waves: you already have a rejection and wyckoff to confirm the reversal, now the question its where do you exit? the good old waves rarely miss.
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I usually use fibo to decide the exit point, if you use waves you will find very agressive reversals, i always subtract a couple clicks, just in case.
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EurUsd its a little different, have been doing higher highs and higher lows. The volume announces a clean correction and then an entry point.
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How did i calculate the exit? Just monitoring fibo and when it almost hit 38% and i saw a red candle i closed the trade asap. Markets have been waay too tricky to take chances.
Taking into consideration spreads this was a 15,9 pips profit, not that bad tbh.
If someone saw my copper swing, the stop was triggered a little over $100 usd, be careful if you decide to swing these days, im not sure if i will swing until the markets actually tank
