DislikedHello{image} This is my DAX entry, can you tell me what I did wrong?Ignored
Approx 2 Hrs ago the price came down to touch the 200 MA (5 min Chart) according to one of Laura's rules a retouch of that 200 line was a nice long entry which netted approx 80 pips, even looking left at previous highs gave good signals for the long side trade.
Can you share what rule/rules you used to get into that trade---I am sure Laura would suggest that a "THOUGHT IT WOULD REVERSE" is not one of her rules--of course in hindsight it's easy to see and comment, but that's not helpful, my comment is when you see strong move like that in small time frames you can almost guarantee a significant pullback.
JP1 post 3018 above is really good advice, write down your rules for entering and exiting the trade and stick with it,
Good luck, also mistakes are the price of your education.
2