in the past, I was taught and conditioned to look and hold for long trades. Overtime, I saw many a times when my profits waxed and waned , and I oculd not book much profit when price came back to near breakeven level.
I have since adapted to book my profits when it is of a good bulk, either by absolute $$ or a considerable of pips , eg.100 pips.
D1 Shooting star is effective
I find very good and consistent success in trading off d1 pinbars. This is even more so in the context of strong resistance.
I will also like to continue to document the phenomenon and power of using d1 line chart as a key trading component. In this case I could use it as an area/level to take profit, although I have long ago booked my profits.
Overall I am developing and concretising my understanding of line chart. I was introduced to the notion of reactionary move. While I had probably some concepts of it, it was not made known explicitly to me. I shall now try to work it as part of my trading components.