We have all said a lot about trading in geopolitical turmoil’s, but I would like to mention something that is directly causing a havoc within all those trading on Small time frames ( just like me J
No matter how good your system/strategy is, right now we have to rethink our entry and stop loss levels – every now and then we can see some “unnatural” spikes happening where they shouldn’t be.
In reality, your trade would be just fine if there wasn’t that silly spike….hitting your stop loss just for fun.
So what to do?? Well, idea of widening my stop is not something that I favour – so for me better solution is to move to a bit bigger time frame ( from let’s say 4min chart to 10 min chart, or even bigger) as those spikes would be more natural and easier to avoid.
