I hesitated and missed out on a big move... 100+ pips or so bounce off the daily R1. I didn't enter at first because I wanted it to break the blue EMA, then I hesitated to pull the trigger and decided to wait for it to break red EMA. Then I figured that the movement was over and it went another 30+ pips. Lesson learned: trust the damn lags and don't second guess yourself! heh
Take a look at this chart. Lag 1 could have gotten me in about 20 pips from the top @ 239.45. No exit signal from Lag 2 yet, but my trailing stop would have been triggered around 238.75 for +70 pips.
I'm slapping myself right now...
Take a look at this chart. Lag 1 could have gotten me in about 20 pips from the top @ 239.45. No exit signal from Lag 2 yet, but my trailing stop would have been triggered around 238.75 for +70 pips.
I'm slapping myself right now...