I took a GU short as under:-
On the 1st RC, the SS was not lined up as well as the the there was no cross on the TDI indicator. However, I entered on break of 2nd RC when all conditions were met. Entry at 1.4366 and SL 1.4416 ( which is above the 2nd RC)
The Trade went against me and SL was triggered. At present the only reason I can think of for the failed trade is that the SS on 1H TF was against me. I would like to expert opinion of the exp traders here.
Cheers
Novice
On the 1st RC, the SS was not lined up as well as the the there was no cross on the TDI indicator. However, I entered on break of 2nd RC when all conditions were met. Entry at 1.4366 and SL 1.4416 ( which is above the 2nd RC)
The Trade went against me and SL was triggered. At present the only reason I can think of for the failed trade is that the SS on 1H TF was against me. I would like to expert opinion of the exp traders here.
Cheers
Novice