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(binned per thread starter’s request) Heiken Ashi EMA system
In this post-news trade, as we can see, the stochastic has practically reached its maximum. Obviously, this is not a good trade since the stochastic's movement has not kept pace with the price's movement.
In these cases, there are two options, depending on each trade's preference.
1 - Leave the SL where it is
2 - Close the trade where the overbought situation occurs
In the first option, you have the possibility that the price will reach the 50 stochastic level or even the 60 level and resume its direction, or that it will go directly to your SL.
In the second option, you will lose perhaps 0.5% (assuming we execute a 1% risk per trade).
In this case, I have decided to let the trade run. We'll see what happens.
In these cases, there are two options, depending on each trade's preference.
1 - Leave the SL where it is
2 - Close the trade where the overbought situation occurs
In the first option, you have the possibility that the price will reach the 50 stochastic level or even the 60 level and resume its direction, or that it will go directly to your SL.
In the second option, you will lose perhaps 0.5% (assuming we execute a 1% risk per trade).
In this case, I have decided to let the trade run. We'll see what happens.
I finally closed at BE. The big candle from before had me in the green, and it's probably TP, but there's news coming in a few minutes, and I don't want to be caught in a lurch, so I prefer to close at 0. We'll look for more after 11:05.
There is no magic here, just decisions and consequences.
There is no magic here, just decisions and consequences.
{quote}Entonces, ¿este sería un intercambio de segunda oportunidad?
{quote} Sí, todas mis operaciones también dieron en BE o SL. Muchas operaciones en BE serían ganadoras si SL no se hubiera movido a BE.
