Disliked{quote} Hi nigpig, You are one of the very few who have the 'third eye' for details. Reading and comprehension is also one of your main strength. This old post https://www.forexfactory.com/showthr...7#post10439377 {image} has it message written in it. continuing from the previous month Oct, we trade Nov 01 to 30. Below is what trading H4 HA candle#2 setup candle for entry would have been with MEME. Same parameters: Account size $500 ME order distance 0.5 ADR Stop Loss 2.0 ADR {image} Note: when you trade small account $500,...Ignored
You were long on orders 1 and 2, and you closed them at average price + 0.5 ADR. There is something I don't understand here. When you closed this trade, why you didn't open a new long position?
Trade 3. You opened a short, which is closed at a target (0.5 ADR), after that, you opened your trade number 4, and then, the market pulls back and your order number 5 was filled. Because you were short open, you ignored the bull signal on TDI and HA, and new short positions 6-7 and 8, were open, looking to get out without losses. At this point, you did something interesting, which is to close only orders 4-5-6 and 7, and let the order 8 as a runner. After order 8 is closed, I think orders 9 and 10, must be, long orders.
So I have a couple of questions:
-Why didn't you buy after closing 1 and 2?
-Why didn't you open order 7 at the level marked on my chart?
In addition, I've uploaded a chart to show how I am understanding your explanations about MEME. Is correct?