Try not to worry about missing breaks too much - I miss them all the time. Sometimes the temptation is to try to be at your screen for every single opportunity, and then beat yourself up if you missed a break or retest.Managed to keep an eye on your USDCAD trade whilst I was on holiday for a few days. I'm considering looking at this 1hr bearish breakout, maybe on a pullback as it looks like I may have missed the breakout while typing this -
My preference is to try to catch as much of the trend as possible, so I do like to be in the market when it is showing signs of a top or a bottom, and then try to hold the trade for as long as possible.I wanted to ask you as well about the idea of trading tops & bottoms again. When you look at last years Dollar bull-run, that would've been maybe a 6 or 7 month trend on some of the majors like EURUSD & GBPUSD, but I'm guessing that you would still have entered those markets throughout the year?
I think what I'm trying to get at is, do you only look to focus on trading tops & bottoms, or are there any adjustments you would make for entering again once a move is underway? For example, on the EURUSD chart above, where else might you have entered from August onwards?
Ha, I think we are all guilty of doing that, no matter what strategy we trade!I maybe tried to jawbone in my own mind the EURJPY move as a ‘minor reversal’ to fit it in