Hello, I am really struggling to simply take a trade in a range on the 15 minute charts EURUSD. What keeps on happening is I see a range that has met and come away from two highs and two lows at roughly the same level, I then either sell when it again meets the high or buy when it again meets the low. Then the trade usually goes outside the range and looks like a trend is about to start and the range is about to finish, it might hit my stop loss, I might exit the trade and swap directions convinced it’s a trend, then it goes back and resumes the range. I keep losing money swapping directions and do not know how to overcome this problem where I keep thinking a false breakout is a real breakout and I change directions and waste money, because sometimes the breakout is real but I have been convinced the range has been resumed and need to swap three or so times. Please any advice or help would be much appreciated as I’m determined to overcome this. Many thanks to all you very experienced and very bright traders for your help.
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 9,123 Posts | Online Now
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