in 1H TF...there are two PB...
Pre candle..looks hammer with PB to the low...
Cur Canle....Looks inverted hammer with PB to the high...
I don't get it anymore...
sonic
People, yet again, stay out of this and you'll live longer. 
I enjoy a range scalp but here there's not even a clear range to follow.
my stops have been taken out many times today.i am going in naked now.no stops like my friend trader 801.
This is a common thing, happened to me myself and still have the urge often but trying to ignore it the best I can. Your entries are bad so you mess up and get pissed and decide you know where the market will go eventually or you're sure it'll come back there anyway and do not enter stop losses. Then next thing you know you're at -200 pips. Then you decide to average it down because it "can't possibly go further" and you end up with -400 pips on the first position and -200 on the second. Then you're desperate and you close them. 20 pips later the thing reverses. Now if you just let that 20 pip sl go and trade the trend both up and down, you'd have most of that in your pocket. Then, there's also the second sin - you get pissed and increase leverage to make up for it and loose much more.
Nothing beats a good and well chosen, for substantial reasons, entry with a small yet significant (behind major s/r and so on) sl. Just wait, good things come to those who wait.
This is a common thing, happened to me myself and still have the urge often but trying to ignore it the best I can. Your entries are bad so you mess up and get pissed and decide you know where the market will go eventually or you're sure it'll come back there anyway and do not enter stop losses. Then next thing you know you're at -200 pips. Then you decide to average it down because it "can't possibly go further" and you end up with -400 pips on the first position and -200 on the second. Then you're desperate and you close them. 20 pips later the thing reverses. Now if you just let that 20 pip sl go and trade the trend both up and down, you'd have most of that in your pocket. Then, there's also the second sin - you get pissed and increase leverage to make up for it and loose much more.
Nothing beats a good and well chosen, for substantial reasons, entry with a small yet significant (behind major s/r and so on) sl. Just wait, good things come to those who wait.
This is a common thing, happened to me myself and still have the urge often but trying to ignore it the best I can. Your entries are bad so you mess up and get pissed and decide you know where the market will go eventually or you're sure it'll come back there anyway and do not enter stop losses. Then next thing you know you're at -200 pips. Then you decide to average it down because it "can't possibly go further" and you end up with -400 pips on the first position and -200 on the second. Then you're desperate and you close them. 20 pips later the thing reverses. Now if you just let that 20 pip sl go and trade the trend both up and down, you'd have most of that in your pocket. Then, there's also the second sin - you get pissed and increase leverage to make up for it and loose much more.
Nothing beats a good and well chosen, for substantial reasons, entry with a small yet significant (behind major s/r and so on) sl. Just wait, good things come to those who wait.
