WTI & EU charts
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DislikedTwo trades this morning.
I will start with a failure to obey PATe rules and therefore a loss. At 7:13 gmt I took an oil sell as I saw a Lower High below the session high. There are several errors I made with this trade: 1) pivot was providing support, and really needed some confirmation that this support was going to fail with some price action below it; 2) Session high is not a PATe level so how can this be used to provide an entry?; 3) my 31 pip stop loss could not cover BRN at 106 so a very poor point to enter a trade. These errors resulted...Ignored