When price begins to go in a different direction, it can be a great forex trading opportunity. Sometimes (most of the time), I’ll just look for 5 pips or so, and that’s actually pretty easy to come by.
The most challenging part is to avoid being fooled. What looks like a flip can be a simple retrace. The nice thing is, the Logical Forex Indicators give me several good visual “alerts” to let me know to pay attention to good possible setups, and when I combine all the different things they tell me, along, of course with what price is doing at the moment (and particularly around those “Logical Forex hot spots”…then I generally can make a pretty good call on know whether to enter the trade…or stay out.
The setup and entry…
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The exit…
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Did I exit at a good time?
