Thanks blanca, really appreciate it. I always tend to peek through smaller timeframes when I place an entry, that really confuses me about the direction of the trend, now I realise entry on a fixed timeframe is far better. Thanks and looking forward to your contribution as always.
Dislikedsure mega,
i use a 30 pip stoploss always, never trade without it, lol.
the exit i dont use smaller timeframes because they tend to change every now and then and finally i can get confused. so when the signal in the 1hr appears to exit i do it.
i use a 1hr chart in currencies like cable, euro, yen, gbpjpy, eurjpy they move a lot.
Yesterday the small losses were due to the lack of move, when a day like that happens, 1hr has small losses, that happens in any system, i will post charts tommorrow because even though i am trading still dont feel so well, some headaches during the day, but you can start searching yesterdays trades when you see signals in 1hr, then they loose. that is all.
One observation about cable during the news.-
Watch how most of the way it went up during the news is already coming down, news are always unpredictible and still is missing the consumer sentiment today, so i`ll just watch and enjoy the fireworks.Ignored