USDCAD
Miku,
This is good but, if you really were in this trade and trading REAL, hard earned money at the MOVING HARD RIGHT EDGE and exited at the candle shown by your blue arrow then all I can say is ""PLEASE TEACH ME HOW TO DO THAT!""
I rarely trade USDCAD as there are 11 more volatile pairs before it soaking up my margin.
Had I been trading it, I would have got out at the doji shooting star - my red arrow, long before your exit candle. There is NO WAY my Little People would have let me trade through all that slop to your exit candle.
Look at all the wicks of these 2 candles (depth gauge or periscope..?)
Those are NOTHING like my depth gauges - go back and re-read and learn about them.
Disliked{quote} Hi Scrumy, This is the post as promised. I was also in a USDCAD trade. Boss (Daily): Yesterday's candle closed as a BEEB, so I am looking for sell trades today. {image} Worker (H4): Another BEEB was found, this time round with confluence of confirmation of bouncing off resistance, as well as breaking support of Strat Shadow {image} Looking down at H1 also shows a confirmed Lower High. {image} As I saw red news on the calendar for CAD which was in around 3 hours (and being burned too many times from news in H4 time frame), I decided to monitor...Ignored
This is good but, if you really were in this trade and trading REAL, hard earned money at the MOVING HARD RIGHT EDGE and exited at the candle shown by your blue arrow then all I can say is ""PLEASE TEACH ME HOW TO DO THAT!""
I rarely trade USDCAD as there are 11 more volatile pairs before it soaking up my margin.
Had I been trading it, I would have got out at the doji shooting star - my red arrow, long before your exit candle. There is NO WAY my Little People would have let me trade through all that slop to your exit candle.
Look at all the wicks of these 2 candles (depth gauge or periscope..?)
Those are NOTHING like my depth gauges - go back and re-read and learn about them.
15 YEARS OF PASR ON FOREX FACTORY!