DislikedI took three trades today, all losers, although I followed the rules. NZD was weak on finviz when I entered, and JPY was strong. Still, I lost on all of them. Advice? {image} {image}Ignored
Your retrace/pull back entry technique is great. I am always late.
I may offer a few advice, if I may.
1. I always have a goal of profit taking. 10 pips, for instance. With 0.10 lot, this is $10 per trade. How much do you want to earn per entry, and per day? To help you decide, install the attached SweetSpots indicator and watch how much goal is easily achievable with the pair you trade.
2. You may already know that around the session open time of major markets, trend change can happen. Installing the attached Session Open line indicator will help.
3. TMA band and TDI. Do you look at these indicators when you make entries?
Attached image is to show you how these indicators will appear in chart.
Cheers,
RS
Attached File(s)
Session Open V-Line Indi 2.mq4
11 KB
|
184 downloads
Attached File(s)
SweetSpotsGOLD_TRO_MODIFIED_VERSION JV.mq4
6 KB
|
170 downloads
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