DislikedCould you please explain me how I could have prevent this kind of failure ? I feel like there is something that I am not monitoring properly. Thanks.Ignored
Not sure its possible to prevent losing a trade. Only minimise the loss when you do.
Looking at your chart price had been in a steady climb all day (the last three days actually) so I would have been extra careful about trading against that.
Your right though that it meets a lot of the rules of the system. Dot then TDI cross, MACD change of direction. It is late in my trading hours and particularly on a Friday when volume is stopping.
Also If you look at a 1hr chart there was no candle colour change which if I was trading at that time I hope would have kept me out.
Other than that sometimes you just have to say it didn't work and look for the next trade. There's plenty that do.
We're all just one trade away from humility.