For me is a pleasure to be a part of this great community.
I want to ask all of you which is better - to take a trade in the direction of your entry candle or in the opposite direction?
Let's discus a PUT option:
1. For example if i decide to take a put i prefer to take a bull candle for entry so i can have an advantage of the price if it really goes down in my direction.
2. Another way is if i am going to take a put and i choose my entry candle to be a bearish. So it is more safest way but i will not have that advantage of the price and if something goes wrong my trade will end as OTM easier.
It is tricky and it really depends of the situation but i believe anyone of you got a preference way.
Of course there are people which are traiding only the next one candle. So, this thread will be useless for them for sure.
I won't attach a screenshot because someone will start talking about "WHY THE F*** YOU WILL TAKE THAT TRADE AT ALL?, THERE IS S/R, THERE IS RN" and etc...
It will be pelasure to hear your opinion. Please, do not blame me about that thread. It can be newbiesh, it can be everything. If you can't help - do not make the opposite.