Interesting last few days due to some pullbacks to the daily on nzd/usd, nsd/jpy, palladium, gold and a few others. Had my TSL hit on H4 Nsd/Usd, just by a few pips before price reversing which is a shame (2ATR above EMA 50). However the others are still running on this pair as entered on H8.
Anyone else had their TSL hit on 4 hour nsd/usd?
Question for Fartist/ fellow traders..If you get booted out of the trend, is there anything stopping you re-entering pretty much straight away - as where you get SL or TSL hit is often there or there abouts for entry?
Also on pullbacks like we've been having for example, ifyou decided to do an instant market execution do you ever drill down to the even lower time scales such as 30 mins, or 1 hour just to time the trigger for entry at the top or bottom of their swing high /low, but ATR still taken off H4.? Or do you only ever do pullbacks by order? Trying to refine my technique!
Much appreciate your comments. Great thread, learning everyday and the market analysis is brilliant as I pick what I would do, then watch the video as guidance.
Anyone else had their TSL hit on 4 hour nsd/usd?
Question for Fartist/ fellow traders..If you get booted out of the trend, is there anything stopping you re-entering pretty much straight away - as where you get SL or TSL hit is often there or there abouts for entry?
Also on pullbacks like we've been having for example, ifyou decided to do an instant market execution do you ever drill down to the even lower time scales such as 30 mins, or 1 hour just to time the trigger for entry at the top or bottom of their swing high /low, but ATR still taken off H4.? Or do you only ever do pullbacks by order? Trying to refine my technique!
Much appreciate your comments. Great thread, learning everyday and the market analysis is brilliant as I pick what I would do, then watch the video as guidance.