DislikedHi, Welshguy,
First, congratulation for your nice trade and I hope tonight the Fed rate News favor you to go further.
I enter long GBP yesterday according to the momentum. I was scared when the shooting star appear as you can see in my chart (a little bit different from yours). I close the position with a few pips. My question is: if you see the shooting star as that in my chart, would you still enter or hold you positon?Ignored
yeh your chart does look a little different - the candle you are referring too, I would not class that as a shooting star, its more like a doji which in fact is a stronger sign of a reversal. Saying that it didn't close below the 8EMA, which would have been my trigger to close the trade, either that or looking at a smaller time frame 1H / 5M to get more information about what was going on. If you post 1H and 5M and i'll try and take you through them to tell you if I would have come out. If you check my video you might get alittle more info.
Cheers WG