Knowing when to change directional bias at the right time for a profit

I met a reduced target on the short from earlier for a profit of 10.75 points, and as I said, it was placed where it was because of the high probability of support at that level. When price trades are PDL or PDH you need to recognize which side of the market is controlling. Here is an example of how you need to know when to switch direction and stop pushing a side of the market; basically, do what the market is telling you.

How to hold on to a trend trade and not exit early: Major support breaker signal

I've been really busy with things lately so I haven't had much time to commit to the site. I figured I would post today though since I decided to trade today and take a break from my other project.

Its important to know when to enter a trade, but its even more important to know when to exit a position. The major mistake of most traders is exit too early on their profits and staying in too long on their losses. I make it a point to cut losses quick and keep them small. I also try to hold a trade as long as possible, until its invalidated. Here is an example of a major support breaker entry signal with a max target at previous day low. If you look, I'm risk-free in the trade now, and have a very large target. This target will get adjusted if certain conditions occur, which are mentioned on the chart.

Counter Trend (CT) trading the high probability way, be realistic with target and risk

Counter trend trades pose a higher risk because you are fighting the trend, BUT when weakness in a market side occurs, they became high probability; or should I say the dominant trend trade becomes low probability? It doesnt really matter how you justify it, the most important thing is to recognize the buyer or seller weakness or failure, and act on it. You want to be safe with these types of trades, and only take then when the weakness if recognized. I have a minimum of 1:1 risk to reward on these setups. I try to be realistic on how far the move may go and I assume a pullback over a reversal. For example, if I can see a pullback going 2.5 points, $50, I'll place my target there and start with a stop of $50 max. Once I get movement, I adjust it to one tick above/below entry.