Disliked{quote} Here is my suggestion: 1) Being a new trader, stick to trading only these pairs - AUDUSD, EURUSD, GBPUSD, USDJPY, EURJPY. 2) Since you are trading H1, Price Action is very important and the TDI is to confirm the Price Action. In this EURNZD trade, what is the Price Action before you decide to take the trade on TDI cross down? Also did you consider the spread for this pair and comparing this spread to that of the pairs mention in 1) above? Where is your initial SL? and your TP? Edit: Read post#24,915...Ignored
when i opened the trade there was price action as it touched the ema 50. but i didnot put on any stop loss and the trade went on to be a loser. scalping for me is difficult as i am working and can't monitor trades each hour. looks like i need to look at the h4 setups.
i will post my each trade with stop loss from now on.
and your posts are very helpful thank you very much.
Come tomorrow, I'll wake up new