AUDJPY
Your analysis was good and your Summary SHOULD have dictated your action (NO TRADE)
Summary: Big Boss - uptrend, Boss - uptrend, Worker - downtrend. At the time of the trade, the worker was not in agreement with the Big Boss or Boss.
You did ALL the hard work and then IGNORED it! Until you gain more PASR experience, just FOCUS on those pairs where ALL 3 of our time frames are in harmonic alignment.
Good job for doing your analysis of a losing trade and you will get tremendous benefit from posting it here (and getting it out of your system)
DislikedHello everyone, I'd like to reflect on a losing trade I made a little over a week ago. This is post #1,161. I've read up to about page 160 on the old thread and feel like I'm learning more every time I read it. My goal in posting this is to not just help myself, but to help others as well. So hopefully my analysis is accurate. If not, please let me know. Here is the current Big Boss chart: Within the last year, it's made a HL, a HH, and potentially a new HL. {image} Here is the current Boss chart: With the trend line added, we can see that the long...Ignored
Summary: Big Boss - uptrend, Boss - uptrend, Worker - downtrend. At the time of the trade, the worker was not in agreement with the Big Boss or Boss.
You did ALL the hard work and then IGNORED it! Until you gain more PASR experience, just FOCUS on those pairs where ALL 3 of our time frames are in harmonic alignment.
Good job for doing your analysis of a losing trade and you will get tremendous benefit from posting it here (and getting it out of your system)
15 YEARS OF PASR ON FOREX FACTORY!
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