It was a nice reaction in the direction I was trading it. Nevertheless It was a sharper cut down @1.38100 than I anticipated :drinking: Times like these are good examples for that "conservative" manner I should have when it comes to profit taking. Was learning a lot today and it was funTansen said:FUCK! Then the bear strikes Lol. I was short got stopped out +1 pip then... well look at it lol I would of nabbed 2/3 of that swing.
That's what I'll do. Trying really hard to make my own mistakes and maybe some right decisions as well, thanks for thisTansen said:Don't completely listen to me, because I am usually not there to see the thought process of when you get into a trade however I recognize the same problem I dealt with and I will attempt to save you some losses with two words: Market Structure.
again, do your CSI on your trading before you take my opinion
What time frame you utilize to see these in action, maybe daily or 4h? I'm using Stoch at the moment and try to keep everything nice and clean.Piper said:In my opinion, the answer is divergence.If you learn to see it,on any momentum indi ,the real turning points will almost never avoid you.
No I know the feeling I got stopped yesterday twice because I made two general mistakes, Firstly the Asia range was > than that of 30 pips and therefore the signal should be an asian session entry. However with that said we were at the mid point for two key levels and the DX was at a previous high which should of signified a rally. Minor or major but rally in general.Skipper said:It was a day in hell at work
I really like to see my efforts pay me some day. Was studying price movements candle by candle most of the weekend, reading and watched some ICT episodes again. Now on I'm trying to focus those golden setups, if I can find them? Patience, patience... and more patience... Have to be like "Lion In Zion".