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Dislikedeventhough i made money i am felling guilty because
i entered late .
my stop loss was bigger.
i chased the market.
entry was late thats why lost few pips.
do you understand how important to follow the rule.
as a trader if you dont follow the rule.even if you make money you should feel guilty.next time dont do that.
remember this trade was a lesson for you guysIgnored
DislikedThanks Sho, let me worry about my own risk
How are my entries? Can indicate which are the the impulsive and corrective waves please?Ignored
DislikedSho, here's my confusion.
1. The bar prior to the marked signal bar had closed above the lower keltner line. The signal bar close was higher than its open. Would you not be considering an early long entry?
2. After these three long bars, you get a short bar which penetrates the lower keltner line, but closes above it ( this is the one marked as your short entry candle). Given that the previous 3 bars were long, and the close of this bar, would you not take a long here?
3. How important is it to observe the touch of a keltner line and the bar close....Ignored
DislikedI was just referring to your chart.
"Sho, here's my confusion.
1. The bar prior to the marked signal bar had closed above the lower keltner line. The signal bar close was higher than its open. Would you not be considering an early long entry?
2. After these three long bars, you get a short bar which penetrates the lower keltner line, but closes above it ( this is the one marked as your short entry candle). Given that the previous 3 bars were long, and the close of this bar, would you not take a long here?
3. How important is it to observe the...Ignored
Dislikedmomemtum (impulsive moves) is the key.
kelthner act as support and resistant when you will trade with the momentum.
i dont trade against the institutions order flow.eventhough i will wait few days for a signal.
if you trade,sometimes you will make some but you will lose in the long run
sho.Ignored
DislikedThanks Sho, let me worry about my own risk
How are my entries? Can indicate which are the the impulsive and corrective waves please?Ignored
DislikedSho, you are master of PA http://cdn.forexfactory.com/images/icons/icon14.gif
BTW, Will you check higher timeframe for direction (say base on H1), main chart as M15, and done the entry & exit by M5?
Cheers
CityIgnored