M1 EURO
Nice orderly trends and swings during London and up until US Stock Market open and then PRICE went erratic reacting to floating SR and goodness knows what else. My 4th trade was a loser and similar to yesterday's losing trade and since I know something is wrong when I make a losing trade, I stop trading. I walked away and read the news for an hour and then came back to check on PA. PRICE completed the first "orderly" swing at 7:44am so I followed it until my confidence returned to trade again. After completion of that swing at 8:32am, PRICE went into erratic mode again. I took my last Basic PASR trade at 9:15am and then shut up shop for the day.
I could not get in the groove with either the DOW or S&P 500 so scrubbed those for today.
The first chart was cropped too small and did not show my 2nd entry so here is a larger view
Nice orderly trends and swings during London and up until US Stock Market open and then PRICE went erratic reacting to floating SR and goodness knows what else. My 4th trade was a loser and similar to yesterday's losing trade and since I know something is wrong when I make a losing trade, I stop trading. I walked away and read the news for an hour and then came back to check on PA. PRICE completed the first "orderly" swing at 7:44am so I followed it until my confidence returned to trade again. After completion of that swing at 8:32am, PRICE went into erratic mode again. I took my last Basic PASR trade at 9:15am and then shut up shop for the day.
I could not get in the groove with either the DOW or S&P 500 so scrubbed those for today.
The first chart was cropped too small and did not show my 2nd entry so here is a larger view
15 YEARS OF PASR ON FOREX FACTORY!