I don't advocate breaking one's trading methodology or rules. However, exceptionally I say that one can exercise some common sense and judgement in taking a position (subject to an acceptable stop-loss).
This trade picture is one such exception. Elsewhere I would have said that one can make exceptions.
In this screencast I show a different way of tackling the markets. This is about trend-following which is a pretty difficult methodology - but it is the most powerful and potentially rewarding.
I show how I made a decision to short.
I am not promoting my own methodology. I encourage all new and seasoned traders to explore different methodologies to find what...