As of right now the short trade is up +450 pips or so. Here is the chart for the day and also the current orders you should have put in the market at 2PM EST. As always in the chart red arrows point to the setup bar and the blue arrow points to the reversal bar.
Trade #17 -
Stop loss - 1.7038
Potential trade #18 -
Buy stop - 1.7038
Buy stops stop loss - 1.6831
You also notice in the chart that I put a red arrow next to all the bars that were setup bars. Even the ones that did not get a proper reversal bar. This should help you identify them better and see why the trade was not take according to the rules. Again, if it does not have a blue arrow pointing to a reversal bar it was not a valid setup.
Trade #17 -
Stop loss - 1.7038
Potential trade #18 -
Buy stop - 1.7038
Buy stops stop loss - 1.6831
You also notice in the chart that I put a red arrow next to all the bars that were setup bars. Even the ones that did not get a proper reversal bar. This should help you identify them better and see why the trade was not take according to the rules. Again, if it does not have a blue arrow pointing to a reversal bar it was not a valid setup.
Founder of Day Trading Forex Live