Well, that was a weird one.
Here's what I thought happened: Gap open of new bar...go in Long...see price stalling and faffing around...bail with +2%. Fair enough. Price then turned and continued on down, so good call.
As such, I printed up this chart...
DAX 06:00 - 08:00 (As I thought it was). +2%
However...when I checked my numbers on the actual ticket. Nope...I had around +4%. Oh-kaaayyy...
Long story, short, it seems I managed to bag a price a lot lower down than I had thought I had. Well, all right, then
...
Sooooooo...
Here's the chart as I actually played it...apparently, lol.
DAX 06:00 - 08:00 (As it was). +4%
If by any chance, I had found myself stuck in a counter, all would have been fine, as price did eventually drop and break the low of the 2hr block and as I tend to counter off the 07:55 bar, I would have more than covered any negative.
(Interestingly, if I drop to the m5 chart, you can see where I actually got my entry - it's only on the H1 one that it gets a bit funky.)
Here's what I thought happened: Gap open of new bar...go in Long...see price stalling and faffing around...bail with +2%. Fair enough. Price then turned and continued on down, so good call.
As such, I printed up this chart...
DAX 06:00 - 08:00 (As I thought it was). +2%
However...when I checked my numbers on the actual ticket. Nope...I had around +4%. Oh-kaaayyy...
Long story, short, it seems I managed to bag a price a lot lower down than I had thought I had. Well, all right, then
Sooooooo...
Here's the chart as I actually played it...apparently, lol.
DAX 06:00 - 08:00 (As it was). +4%
If by any chance, I had found myself stuck in a counter, all would have been fine, as price did eventually drop and break the low of the 2hr block and as I tend to counter off the 07:55 bar, I would have more than covered any negative.
(Interestingly, if I drop to the m5 chart, you can see where I actually got my entry - it's only on the H1 one that it gets a bit funky.)
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