DislikedThere's nothing wrong with caution....nothing at all. I let trades go without me when they don't meet my criteria of a high probability trade...and if that trade turns into a good one, I don't cry about it because it didn't meet my criteria.
You can see on the chart that the M5 and M15 stochs were both well positioned....the matrix concurred, the 5 ema was good....the candles were under it...even had a arrow...as soon as the Pivot gave way, I'm in. If Draghi had turned it around I would have lost about 18 pips.....but I gained 58. Almost a 3:1...Ignored
It's just about 2 weeks ago, on consecutive days, I entered excellent setups, and literally 5 mins later Draghi and Merkel, opened their mouths and the market pivoted and took out my stops - bad luck
I hate politicians
I am a fallible imperfect person; so I must be a fallible imperfect trader.