Last night there was FOMC Meeting Minutes News. It was a tempting to trade.
The previous history of EU vs EMA 800 was not so "friendly". They "met", but then they "walk away" each other (bouncing).
There was buy setup just about 1 hour before news, but I didn't like it as it faced RN @1.2750 and EMA 800 ahead.
When the news came out, I confess, I was very tempted to Buy looking at how fast the price went up. But I kept saying to myself, there's EMA 800 ahead, don't do it... don't do it... stay away your fingers from your mouse, move away your sight to chart and watch back your movie (Lol.. I was watching "Lawless" movie that time). And the 15 minutes tempting over, the candle made its rejection, the next two candle close below RN, and that was my time to hit Sell Button.
Lesson from this one : Don't mess around with EMA 800, it is your time to watch movie, not your chart (but don't blame me for the recent trades I took, the first was BEP and the second only +7 pips. I know that heading RN and EMA 800. But what can I do? I did hoped the price to bounce EMA 800 again and the most important, I didn't have any movie to watch this time.. LOL...)
The previous history of EU vs EMA 800 was not so "friendly". They "met", but then they "walk away" each other (bouncing).
There was buy setup just about 1 hour before news, but I didn't like it as it faced RN @1.2750 and EMA 800 ahead.
When the news came out, I confess, I was very tempted to Buy looking at how fast the price went up. But I kept saying to myself, there's EMA 800 ahead, don't do it... don't do it... stay away your fingers from your mouse, move away your sight to chart and watch back your movie (Lol.. I was watching "Lawless" movie that time). And the 15 minutes tempting over, the candle made its rejection, the next two candle close below RN, and that was my time to hit Sell Button.
Lesson from this one : Don't mess around with EMA 800, it is your time to watch movie, not your chart (but don't blame me for the recent trades I took, the first was BEP and the second only +7 pips. I know that heading RN and EMA 800. But what can I do? I did hoped the price to bounce EMA 800 again and the most important, I didn't have any movie to watch this time.. LOL...)