It's totally subjective and up to your trading objectives and
risk tolerance - I tend to take profits quicker when trading
against the overall market action (especially after such a large
move). But again, just manage the trade according to YOUR
style. You can use a 1 or 5 minute chart for a guide near
term.
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It's totally subjective and up
pir head fake
Posted by steve on 29th of Jul 2009 at 12:00 pm
It's totally subjective and up to your trading objectives and risk tolerance - I tend to take profits quicker when trading against the overall market action (especially after such a large move). But again, just manage the trade according to YOUR style. You can use a 1 or 5 minute chart for a guide near term.