Of course, is valid if you stay long or short in any pair and obtain income or success; all depends in the time frame you trade: In the chart below I illustrate 3 long trades in Aud/Usd, two winning and one lose trade.
I enter a long position inside the green zones, maybe not was a big win, or in some cases just obtain break even trades. That is ok.
In the chart above, we can see a green circle, just here, we enter long again because, a harmonic number appears and looks good, time after we see another opportunity; harmonic pattern, but this not works this time and is ok. But, how you win if the trend is bearish? I never follow the trend my friend… But of course, go short is a good idea, but depends what time frame you trade. See the chart below.
Is a Daily chart… and the others were 1hr and 4hrs. What is the trend? Long, short, sideways, doesn’t matter if your follow your plan and make a proper analysis in a specific time frame. We can win some pips in the 1 hr chart goes long or going short in a daily chart analysis. I hope this was helpful.
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