Hello M.A.C.Doug!
Good trade and combination of confirmations
I took similar trade, but i can say that it wasnt the best, because of the time of the day......take a look....
I took it from that point because i thought i would be a nice early entry, because 1h 20 and 50 there heading up and 5 pulling back, also 4h was starting to raise and a double bottom was formed on it , but as i said earlier - time of the day and assian session...
So you can see there i put my SL and TP, ir worked out but i think in future i have to avoid risking like that, what is your opinion?
One more question to you, how you handle the news?Do you read all news before starting tot trade?
And what Moving Averages do you use?
Bye
Good trade and combination of confirmations
I took similar trade, but i can say that it wasnt the best, because of the time of the day......take a look....
I took it from that point because i thought i would be a nice early entry, because 1h 20 and 50 there heading up and 5 pulling back, also 4h was starting to raise and a double bottom was formed on it , but as i said earlier - time of the day and assian session...
So you can see there i put my SL and TP, ir worked out but i think in future i have to avoid risking like that, what is your opinion?
One more question to you, how you handle the news?Do you read all news before starting tot trade?
And what Moving Averages do you use?
Bye