Hi Janqie,
first of all thank you very much for sharing your strategy, since i am a beginner this kind of trading fits me very much.
Ive been following the old babypips thread with petes 5M strategy and ofc this thread, gone through both in last 5 days reading every site twice
I am following the rules as exact as possible, unfortunately had a couple of trades today which gone wrong, would be great if you could comment on them:
Nr1: I gone short (see the red line between the two vertical red lines), pullback was only about 38% fibo and fast CCI just crossed the 50% level. Would you say the entry was wrong because of the blue MML level line at 1.5380?
Btw, my broker time is GMT-6, so it was 9:30 a.m., i trade only the London Session 9 a.m. till 6 p.m.
first of all thank you very much for sharing your strategy, since i am a beginner this kind of trading fits me very much.
Ive been following the old babypips thread with petes 5M strategy and ofc this thread, gone through both in last 5 days reading every site twice
I am following the rules as exact as possible, unfortunately had a couple of trades today which gone wrong, would be great if you could comment on them:
Nr1: I gone short (see the red line between the two vertical red lines), pullback was only about 38% fibo and fast CCI just crossed the 50% level. Would you say the entry was wrong because of the blue MML level line at 1.5380?
Btw, my broker time is GMT-6, so it was 9:30 a.m., i trade only the London Session 9 a.m. till 6 p.m.