The cable 10EMA touch that happened at exactly the same time bombed. One worked, the other didn't. Its this kind of thing that makes me nervous of taking any trade without confluence.
Thoughts anyone?
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DislikedNice one!
The cable 10EMA touch that happened at exactly the same time bombed. One worked, the other didn't. Its this kind of thing that makes me nervous of taking any trade without confluence.
Thoughts anyone?Ignored
DislikedNice one!
The cable 10EMA touch that happened at exactly the same time bombed. One worked, the other didn't. Its this kind of thing that makes me nervous of taking any trade without confluence.
Thoughts anyone?Ignored
DislikedMi$$ed this one!
Good trade there. There were a few things that would have kept me out even if I had spotted it.
Out of interest, why do you think it wasn't perfect? I am not suggesting it was or wasn't but your views would be appreciated!
Also....... what indicator is that in the left bottom corner, the one in the grey box? can you post it please?
LeeIgnored
Dislikedi didn't take the GU m15 touch because it was only 1 candle, i want it to be exactly 2 but thats just me...
and you know, thats why i shoot for 1:2 RR does it work always ? no of course not, but over time it will !Ignored
DislikedHova for the 1:2 RR do you place the trade and let it hit either your tp or sl or will you close prematurely depending on how you see things going.Ignored
DislikedQuestion for the more experienced 5min PA traders (looking at you Kostas!)Ignored
DislikedQuestion for the more experienced 5min PA traders (looking at you Kostas!)
Following the trade I took which is highlighted by the red arrow, there was another possible set-up which I have indicated with the blue circles.
Price comes down to re-test the confluence of 10ema and pivot level (midpoint) on the 15min chart, and then an engulfing candle forms on the 5min. My question is, in this scenario the engulfing that formed on the 5min was quite large, so I felt that by taking that as my trigger point, I have missed the boat a bit. I guess my...Ignored
DislikedQuestion for the more experienced 5min PA traders (looking at you Kostas!)
Following the trade I took which is highlighted by the red arrow, there was another possible set-up which I have indicated with the blue circles.
Price comes down to re-test the confluence of 10ema and pivot level (midpoint) on the 15min chart, and then an engulfing candle forms on the 5min. My question is, in this scenario the engulfing that formed on the 5min was quite large, so I felt that by taking that as my trigger point, I have missed the boat a bit. I guess my...Ignored
DislikedThanks for the replies everyone, very helpful.
I guess deep down I should know that if I'm questioning something and I'm not confident with the set-up, it means don't take it! (which I didn't in this case)Ignored