DislikedWell, I lost 1% on my EUR/JPY short. When I get home I'll take a look, but every trade I lose seems to bounce off minor resistance right to my stop.
I am thinking about moving to BE once minor resistance is tested, considering most of my trades are profitable almost immediately, only to struggle at these levels (4 hr minor resistance, I trade dailies).
Any thoughts CW?? Do you mind shedding a little light on this most recent trade maybe? My sell was triggered on break of pseudo pin bar on 7/21....
thanks, as always...Ignored
Truthfully, it's a more of the "big picture" thing. The markets are back and forth, and therefore make this time a little more volatile than usual. I am willing to bet a lot of people are having issues. We just don't know where we want to go right now. (Just look at the S&P 500 charts......Dow, etc.)
For what it's worth - the Hang Seng checked out last night.....
If you look historically, it's these times that tend to be the hardest on traders. This is great education for anyone involved. Just remember that if you are still in the game later - when markets are trending - there's nothing to trading.
Chris