DislikedRyan,
I greatly appreciate your help, thank you!
I am not certain what was wrong with the set-ups in the trades I took (EURUSD and USDJPY), other than maybe setting my stop loss too close.
I really want to study the EURUSD trade I made. I know part of the blame was taking the trade while I was asleep using a Limit Order.
But looking at the set-up it looks good.
We have a Green MACD bar. A bounce off the 21 MA, and it appears it will resume the uptrend from last week. The USD was weak last week. And a DBLHC (double bar low higher close).
My only guess is the long tail on the top (which got me in the trade) and that what appears to be a possible hammer was not true, because the bullish bar I got in on did not close higher to form the hammer.Ignored
Post your charts.
Keep taking CT trades, I need more money