DislikedAny help to analyse why
1. First arrow is failed (away from 200EMA) ?
2. Second arrow (CT trade) is sucessful?
Thanks.
Ps. we need only 10pip a day.Ignored
DislikedWhy don't you put your thoughts up why.
For now forget about 200 ema. Any other thoughts as to why moves failed, look at immediate flow, other TF's and SR levels.Ignored
DislikedExactly like what Vantage already mentioned, we must always look at higher TF and also identify signicant historical Support and Resistance. RN 1.2800 is significant S&R.
If you look at H1, PA pullback from Prev D 127%, with two consecutive H1 bullish candles breaking above RN 1.2800. PA Momentum is UP.
Although, the M15 chart shows 10EMA below 200EMA ..., but PA show you something different.
Also, H1 TDI PL is above TSL and just cross above MBL.
TDI M15 is above MBL and MBL is rising
Edit: If you just want 10 pips per day, it is easy....Ignored
Dislikedfirst trade: shorted against bullish div both on 15 min and 1hr. nice reversal candles at the bottom on 15 min tf.Ignored
Accept as it is being!