Chart of EUR USD now, entry short marked. Was as said Alorente's system entry, slope was down, touched and crossed the upper , H1, all ranging, yadayadayyada
So, now i am close to 180 pips down. What you guys would do, keep recovery, or get out|?
thanks a lot
ps. Thanks to all the answers so far, I read them all many times. TRainman, i do know what you talk about (aka fibonacci) but I am trying to master Alorente's system first, which already proves to be a challenge. Then I will gladly add Fibbonacci, daily pivots, etc.
So, now i am close to 180 pips down. What you guys would do, keep recovery, or get out|?
thanks a lot
ps. Thanks to all the answers so far, I read them all many times. TRainman, i do know what you talk about (aka fibonacci) but I am trying to master Alorente's system first, which already proves to be a challenge. Then I will gladly add Fibbonacci, daily pivots, etc.