A very simple system - trade with arrow
{quote} Hi pips29, I was following you for some time and yours ability to read charts so well and so precise trading is really impressive. I'm not very good at trading and still trying to learn, understand and see things. If I would drop in some pics time from time would you be so kind to point me in right direction and explain what I'm doing wrong, sure just if you can. I would really appreciate! I took trade on GU just under daily support, not great -15. Was my entrance bad, to tight sl, something else, or just my luck, sideways market? Thank...
thinking price will probably retrace coming to the changeover, I manually closed the trade and trade another day..looks like a good move {image}
{quote} I saw it, but I didn’t have the determination
{quote} First I like to say when entry is wrong get out quick..on the chart even without hindsight you should be able to see what pa is telling you. As I normally mark levels on my chart using H4, I was just watching with my hands tied not knowing what the big boys will do when price reaches the level but I do "believe" that price will make a reaction..regardless of what I believe the pa printed did not favour a short where your entry was, the explanation is on the chart..I guess you are able to distinguish one candle from another and how a swing...
{quote} we can talk a lot, after closing the deal, why she lost. It seems to me that the chance was very good for trading. But if you need an explanation, then you can take a closer look and see on the H4 chart the level from which the price has fought off earlier than 1.2165. The price strayed from it and again went beyond the level of 1.2180. It was like taking out stops and a false breakdown. Also, the potential of this transaction was not more than 15 points. This is just my vision of the situation.{image} {image}
