DislikedI believe the validity of this discussion, I'd know to say how many jobs there are today on EURUSD, and if there were?? I have taken many stop where am I wrong?Ignored
have a look at the attached pictures (M30 and H4). As you can see today PA was bouncing in a narrow range beetwen :
Upper side -- Trendline + R1
Lower side -- Trendline + DP
It always better to have the big picture in mind before moving to M5 for trading. In post #1 there is an interesting link about multi TF analysis.
In this case (range = about 30 pips) you have two options :
1. move to M1 TF for scalping few pips
2. no to trade (my preferred option)
In these cases it doesn't make sense to force the market to give you pips . Not to trade is a trading decision like to pull the trigger ... often more difficult.
Besides, as our master RJ is used to say, SL is not there to be hit but just as a safety net.
I suppose you are Italian, let me know if you have issues with the English I can support you in Italian too.
ciao a presto
wiz3003
Attached Images
You control how you trade; the market controls how and when you'll get paid