In detail… sorry just curious to understand what I am maybe missing and so improving
Yesterday was the past
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DislikedIn detail… sorry just curious to understand what I am maybe missing and so improving {image} {image}Ignored
Disliked{quote} You have marked three circles in your chart for long. All are late entries. Read my previous post pls. 8/21 ema closes above 50 ema/sma + 15 min MACD crosses up. That is the first instance... and that is the best long entry ( price 1.2700/01)Ignored
DislikedIn detail… sorry just curious to understand what I am maybe missing and so improving {image} {image}Ignored
Disliked{quote} ok got it. i prefer different approach this is what i saw Friday morning {image} was short near 2702 price was down then reversed up when it took me out @be I switched to long the very first reaction, however, was around 2685 when price broke the setup. I didn’t notice we were in buy area, so I came late both in taking profits and entry long. I use Ema only for direction, but I decide the entry based on price behavior. That’s why I need to focus on most important levelsIgnored
Disliked{quote} I agree price behaviour at support/resistance levels to be watched closely. But that is not entry point, because, the price is bound to break those support/resistances easily to take our stops. lolIgnored
Disliked{quote} yes indeed I’m not really good at triggering the trade right on the sup/res. need to see some confirmation hopefully the confirmation comes within few pips far from the levelIgnored
Disliked{quote} Overall one must know the behaviour of gbpusd ( or any pair for that matter ) what it does when asia opens, when frankfurt opens, when London opens. When NY opens, we need to check daily range achived for that day and if any reversal will happen. Learning the behaviour of gbpusd ( or any other pair ) comes priority. Learning one pair is enough for us to book profits daily.Ignored
Disliked{quote} And here we are, waiting for the open. Yet, probably none of us will trade until London open.Ignored