Sell in progress, hope tp hit...
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DislikedExactly what I saw at the time - see chart.
Biggest lesson here is to pay attention to the 13/34s... keep the probabilities on my side... stay with the trend!
Magnus
EDIT: forgot, key thing was these occurring at .25 level...Ignored
DislikedI sold the last lower high after a 5 min doji with average volume - small size as its above the flattening 5m 30ema which is now = 6525 level....waiting to see IF that breaks otherwise my trailing stop will take me out....
Edit: LOL - I forgot that I had a TP at the 25 level, so I'm out for + 22Ignored
DislikedMagnus, that IS a Dark Cloud Cover.....there's no "almost" about it! Forget the shadows.....the bodies are the thing, mate!
The 13/34 emas are there to keep you on the right side, mate. Also, the two black candles were the retracement and the doji just after them signified a very likely trend continuance. Of course, there's nothing to stop you trading a retracement......just so long as you take note of what the candles are telling you.
Anyway, you know all this already, so I don't mind if you flame me!!Ignored
DislikedNah, it's all good EV.
I should have seen it was a simple retrace... especially with that large-wicked candle at around 10:00AM.
MagnusIgnored
Dislikedthen I hope that you did on that pull back and are 20+ pips in profitIgnored
DislikedThanks for that, mate. There's none of us ever stop learning in this game! That's what's so good about it!!Ignored
DislikedI've just sold the spike up to yesterdays high......earlier € hit and turned back from its 4600 level and Swissy's spiked under its 10400 level and now back at that level....a small size trade and I'll TP in the 6550 area and re-evaluate.....Ignored
DislikedFinally another "textbook" trade, like masut says.
s/r-level at the "50".Ignored
DislikedTP on partials at prior resistance ~ 6555 also 5m 30 ema - if it bounces I'll look to re-sell.....next traget the 525 area, also the 50% retrace of todays rally.....Ignored
DislikedFirst, there was the red long-legged doji. Following that was a green hammer type candle. The body was probably slightly too big to be a "true" hammer, but it was a nice pin-bar, nevertheless. The BODY of said pin-bar also totally engulfed the BODY of the doji (shadows don't count), so in actual fact, you had two potential reversal signals in one.
Hope that explains things, mate.Ignored