Hi Vantage,
Interested to hear your take on a trade which didn't work out. Just before Dan's trade discussed earlier but going the opposite way.
1hr 900 gmt negtive close after news, 15 min SS/inside bar rejecting 75 level/S1, 5 min lh sell at 6167 just below monthly pivot. Took a loss on this one, should have been a break even. There was a lower wick on the prior 15 min bar and neither the hourly or the 15 min could close below the MP.
Just wondering if you consider this valid as a system trade? Are 15min bars good enough and would you take after such a large fall (already done 100 pips since asian high). Thanks.
Interested to hear your take on a trade which didn't work out. Just before Dan's trade discussed earlier but going the opposite way.
1hr 900 gmt negtive close after news, 15 min SS/inside bar rejecting 75 level/S1, 5 min lh sell at 6167 just below monthly pivot. Took a loss on this one, should have been a break even. There was a lower wick on the prior 15 min bar and neither the hourly or the 15 min could close below the MP.
Just wondering if you consider this valid as a system trade? Are 15min bars good enough and would you take after such a large fall (already done 100 pips since asian high). Thanks.
Follow, don't anticipate.