No such a good day-a mixed day. Two dances...Lost one and won one...I guess we are even. With the new yellow line, there will be surrender days that will protect from castatrophic days...I guess I should be happy of losing some...This is a learning curve...I am learning when to surrender...and when to get back in...
The yellow line keep changing...Note that the line is not an indicator but a key decision point about surrendering...It could be placed either at the lows or LT
First dance
I surrender because the trend violated the new rules. Note the closing below the yellow line.
Many pips lost (probably 80)
Second dance
Long dance low volalatilies. Only two troops out because there is an overhead ressistance.
1- scout (2x)
2- troops (4x)
Now we waited and waited…first indication of action on the GBP.
-it was the timing for the third wave...I did not execute it...so..
Profit taken (probably 40)
Overall we lost 43 pips
Decided to change skew to 1-1-2…Safer
Thoughts: very intense dances… Note how shallow was the full back…I began too fast..even though I access the proper trend…It is still going up and big…but I am out and done.
The yellow line keep changing...Note that the line is not an indicator but a key decision point about surrendering...It could be placed either at the lows or LT
First dance
I surrender because the trend violated the new rules. Note the closing below the yellow line.
Many pips lost (probably 80)
Second dance
Long dance low volalatilies. Only two troops out because there is an overhead ressistance.
1- scout (2x)
2- troops (4x)
Now we waited and waited…first indication of action on the GBP.
-it was the timing for the third wave...I did not execute it...so..
Profit taken (probably 40)
Overall we lost 43 pips
Decided to change skew to 1-1-2…Safer
Thoughts: very intense dances… Note how shallow was the full back…I began too fast..even though I access the proper trend…It is still going up and big…but I am out and done.
Empty as water and soft as a facing wind mountain