Hi!
what should I do with a move just before the pullback (a move in the rectangle)?
Should I just do nothing and let it run until the pullback then enter a trade?
OR
try to figure out a way to capture that move? or would it be too risky?
sometimes that move is quite big, (even bigger than the move after the pullback) that
I feel like I’m missing out on it too much to just let it go.
Are there any method or strategy that allows to profit on those moves? 
Hello vln
I m not sure what you mean, are you long or short? and where did you enter? perhaps you can mark it on the chart so we can connect the dots!
hi oceanmen,
this is for going LONG.
The move in the rectangle is the initial move and 4 red bars after that is the pullback.
So question is how can I profit on the initial move before the pullback, or just let it go?
Unless you can see into the future, you’ll never know if/when a pull back is coming
hello Vln
If your entry was in that rectangle, you can basically trail your stop (in case you entered at the lower end of the rectangle). Since you are trying to avoid minor pullbacks like these you can trail your stop by shifting it slightly below the lowest price of each previous bar. In case you entered at the upper end of the rectangle, you can apply the same tactic which means you will be stopped out in loss. Another way to do this is to replace your stops with a hedge so you just wait it out till it pulls up again (while shifting the trailing stop of the hedge to break even or slightly in the money)
The easy way to do it is to place a wide stop loss below a strong support level (the lowest price in that chart perhaps, i can not see the full history so it is hard to tell) regardless of where you entered in that rectangle, the stop should save you from the 4 red bars correction.
I prefer to enter on retracement. If price goes more than 100 pips on 1M chart it’s a clear signal for me to enter in opposite direction with big lots using limit order. Thankfully I get low slippage on Hotforex on that orders 
I would start by learning how to trade forex and take it from there.
Did this pullback take place after an economic release? In some instances, price makes a strong reaction in a particular direction, makes a quick pullback, then goes on a sustained move in the same direction the initial reaction. This could be a good strategy in playing news events but there’s no guarantee that price will always behave in this manner. Sometimes, the initial reaction is faded then price goes on to reverse the entire move and then some.
If you have a trading strategy you should trade according to it. You never know when the pull back will happen or not, you can just assume and nothing else.
