Hello,
this was my LO trade 30minutes ago. i saw market was up. i took the trade right after the engulfing candle. the three candles i marked, and the 1H candle indicates that there are more buyers in the market. the price was also in the "buy zone". (above 200EMA,according to arjuns rules).
the price was so fast that i could not set my SL to BE
SL 11
TP +20
greetings
please correct me if saw something wrong or misinterpret the signals...if i interpreted right, this may help other newbies (like me) to improve. that would be great!
so many new pages to read thank you!
this was my LO trade 30minutes ago. i saw market was up. i took the trade right after the engulfing candle. the three candles i marked, and the 1H candle indicates that there are more buyers in the market. the price was also in the "buy zone". (above 200EMA,according to arjuns rules).
the price was so fast that i could not set my SL to BE
SL 11
TP +20
greetings
please correct me if saw something wrong or misinterpret the signals...if i interpreted right, this may help other newbies (like me) to improve. that would be great!
so many new pages to read thank you!