Took the Nat Gas Outside bar last night.
Outside bar, swing high, Round number, PPZ, down trend, some space. It entered, went 20 pips (my EA was set for 30) and turned around and ran.
It did give me some chance to profit, no doubt, but certainly movd the other way quick. Something to think about next time.
Any thoughts on the bar? It followed my rules, only thing I see is it could have had more space. I do see the PPZ now (White line) that it hit, but I expected it to go a little bit lower before seeing trouble.
Outside bar, swing high, Round number, PPZ, down trend, some space. It entered, went 20 pips (my EA was set for 30) and turned around and ran.
It did give me some chance to profit, no doubt, but certainly movd the other way quick. Something to think about next time.
Any thoughts on the bar? It followed my rules, only thing I see is it could have had more space. I do see the PPZ now (White line) that it hit, but I expected it to go a little bit lower before seeing trouble.