DislikedSteve, are you using the Alpari or those timeframes? Seems to me that you are. Although you got a much better entry than we did it is not the system. Are you using the Alpari bar of 12:00? That is not a setup bar, as it did not make a lower low. The bar before it is. At this point though, I wish I was long at your price!
MichaelIgnored
yes to the Alpari question,
but as I said the 1st bar was a valid setup but wasn't triggered by the next 2 bars, the next(12:00) bar didn't need to have a lower low just breaking the lower ema by 5 pips was enough to make it a setup bar(?)
Steve.