{quote} oh mann. did you trade with sp ? if the risk quite high i intent to avoid taking the trade on EE or SE.
cheers
{quote} yeah bro... good SP level, somehow market really annoying today without any retracement... uncommon behavior, anyway cutloss is the answer for all
{quote} It still good that you cutloss other than total loss. I hope you dont mind i sharing few extra tips about SP here on next post. Also another reason why i dont share this setup on my thread today. let me write it out first
{quote} not at all bro, fell free to share your thoughts... i am open on any thing, i made this journal for 1 reason... keep me learning new things and had my fault recorded... acceptance not denial
SP Extra Note H1 we have SP buy. There are 3 zone, Early Entry, Sharp Entry and SL Entry. H4 as confirmation, Bullish engulfing, uptrend. How do I usually entry on EE with Aggressive trade management Sometime price only take EE zone and move on without turning back to SE. What i do is I just add my PO on EE, cs shadow as my zone. As long as there no cs break the zone. i just hold my position. If there cs break the EE shadow zone, i take cutloss and just wait for price to reach SE. This is to avoid big float when you entry with big lot size. Now...
{quote} Alright here you go ! Overall explaination Gold XauUSd pair SP sell on H1 Since the risk is high around 77pips from SE to SL, I will manage my trade aggressively. Usually i dont take this SE. But i did take it when gold reach the entry level. after one hour i decide to take small cutloss since CS did not close as shadow below SE. So i add another PO on SL as my big lot entry. When the price take my PO on SL Entry, if it close as break out, i will cut the loss. if not i will hold it until SE level or SE TP1 level. How i entry on EE also the...
{quote} thanks bro... it was really high risk, with the status it R:R today's bull slow killing it... had in mind to cutloss before it reach SL level... but i waited enough patience and leave my faith with NYSE... it did correct H1 malo but not enough to BE and take hard cutloss... this experience today with SP wont affect us growing... eventually we can gain again next day, it just a bad day and bad decision... i am having my cols sanmig light beer now and relaxing for tomorrow batttle... cheers bro
{quote} Alright bro just relax for while. All the best on your next trade and everyday life.
