Failed!
Second time I saw ww failing wheneve I m taking 1 from gap, it seems taking GAP sounds more failure than success, though I do not have any statistics!
In this +ww, what should have been my sl?
Second time I saw ww failing wheneve I m taking 1 from gap, it seems taking GAP sounds more failure than success, though I do not have any statistics!
In this +ww, what should have been my sl?
1. When price reached near 2-4 line or point 4 you could have moved SL to breakeven.
2. Another approach is to keep taking partial profits at each target (2-4 line, point 4, other main S/R, 1-4 line) and move SL to BE on remaining portion.
3. You could also have moved SL to higher PL (NF 6130 at 12:35) after it was formed.
Where was your entry, SL?