Just opening a new topic.

I've earned only 3 pips on the first trade off this area.
Waiting for reentry trigger right now.
I wonder what do you guys do in such situations? Abandon the trade, using stricter entry triger, something else?

what if your d is a c and the bounce was d? possible marginal lower low at stop gun fib and then look for a trade? pretty much from this low?

I'm not sure if I got you right, rat. Did you mean that one should try another long trade off the stop gun Fib, and potentially lines, after some confirmation ?

Originally posted by rat89

what if your d is a c and the bounce was d? possible marginal lower low at stop gun fib and then look for a trade? pretty much from this low?

Similar shape as well as price and time size.

One more groupping added.

My thought was:

Originally posted by MarcinO

I'm not sure if I got you right, rat. Did you mean that one should try another long trade off the stop gun Fib, and potentially lines, after some confirmation ?

Originally posted by rat89

what if your d is a c and the bounce was d? possible marginal lower low at stop gun fib and then look for a trade? pretty much from this low?

Thanks a lot rat. It's clear now.

Originally posted by rat89

My thought was:

Originally posted by MarcinO

I'm not sure if I got you right, rat. Did you mean that one should try another long trade off the stop gun Fib, and potentially lines, after some confirmation ?

Originally posted by rat89

what if your d is a c and the bounce was d? possible marginal lower low at stop gun fib and then look for a trade? pretty much from this low?

i have done a followup post in the public kane under ''melt''