Anyone know a good 'set-and-forget' strategy?

Placing a trade that early in the UK session and leaving to run for the day has some major drawbacks you don't know what the days sentiment is going to be for a start or how news events might skew a trade or what black swan events might ruin a trade. You would need very wide stops probably better trading the daily chart where stops can be set at 2xATR or well above major swing pivots avoiding any wild intraday swings due to news events etc imo


Time of day for entry is a good point. I only trade multi-day but numerous times have been taken into a position when price started the day moving my way, only to be stopped out in the pm. Daily chart then prints an outside day bar, but usually resuming my direction (i.e. with underlying trend) next session. Grrr!

Placing the entry point further out seems the only way round this, apart from waiting until the close to enter manually.
 
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