I usually wait for a break of previous high to enter (as on this example) and this way I miss the better part of the momentum. The trendline breakout is a better entry. Or just follow the indicators who give an early sign to entry but know nothing about resistance of course..Friday, January 23, 2009
Late entry (3)
I usually wait for a break of previous high to enter (as on this example) and this way I miss the better part of the momentum. The trendline breakout is a better entry. Or just follow the indicators who give an early sign to entry but know nothing about resistance of course..
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At times I feel frustrated and painful over late entry especially if it’s in major news event as that can stop me from making big profits that’s why I only go with a true ECN broker which means there is no re-quotes or late entry but I get all my trading orders executed instantly without ever any delay and that true ECN broker is OctaFX and they have even won the award for the Best ECN Broker in the world today.
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