Good day to recover. Most important thing is to be flexible if wrong.
DOW M1.
DOW M1.
Fix up, trade sharp ...
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DislikedGood day to recover. Most important thing is to be flexible if wrong. DOW M1. {image}Ignored
DislikedI was too hasty to exit the last position short . {image} time for a break the 200ema on m15 was a much better target (or even lower), but emotions took over{image}Ignored
DislikedLooks like I was a bit too cautious, but profit is profit ... sure some of you got this! {image}Ignored
Disliked{quote} I missed all that action before the open. You should take partials or jump back in when you exit ( speaking for myself it is one of the hardest things to do along with addons ) {image} {image}Ignored
Disliked{quote} Yes, but for now I am only trading one contract, so hard to do. My first goal is to survive long enough without losing money. Going back in is possible and key though. One of the hardest things for me as well, along with avoiding wrong trades that hurt profits.Ignored
Disliked{quote} On the 1minute chart I get ALOT of wrong trades, because half the time i am acting stupid. {image} here is the stupid part. my little people HAD to take over for a bit.{image}Ignored
DislikedLast days I looked at GBPUSD and AUDUSD, BIG BOSS looks upward, BOSS broken out off WCC upwards and at worker retracing at shadow and old WCC, today with bullish engulfing, entering at GBPDUSD, first goal BOSS shadow and then BOSS resistance best regards Thorsten {image} {image} {image} {image} {image} {image}Ignored
Disliked{quote} Hello Terry, thank you for the reply, but it isn't clearly for me what it should show me? Is the entry to late, or entry with engulfing at EMA 20 as resistance? Best regards ThorstenIgnored
Disliked{quote} Hello Thorsten, As I said this was not a criticism, your trade is a valid one in line with strat's methodology. Mainly what I am trying to point out is the longer term structure for this pair. I use the 9ema in conjunction with the strat shadow as a guide for momentum. The circles I have drawn indicate where the 9 crossed the 18 and where it just touched it but didn't go through it. These areas in conjunction with other factors help to determine which way the market may go. I have included a previous WCC on this chart to show the difference...Ignored
Disliked{quote} Hello Terry, thank you very much for your answer, I can always learn a lot from your contributions and your experience. As I see now the price retraced at the BOSS shadow and EMA(200) at the WORKER with now a pinbar, so I will close the trade cause in history price mostly retraced from it in the first touch. Also my trade was driven cause the breakout from the high of BB january candle, so swing low on BB will be confirmed and high from january candle may act as a support area. Do you avoid trades which are near shadow borders/EMA9/20/50/200...Ignored