DislikedBE out with +6 only.
1st momentum big red drive the price break through the demand zone, then 50% retrace, entry at last red, but move the BE too closed after +10 in profit.Ignored
Hi City , took the same trade but only +3 pip
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DislikedBE out with +6 only.
1st momentum big red drive the price break through the demand zone, then 50% retrace, entry at last red, but move the BE too closed after +10 in profit.Ignored
DislikedHi City , took the same trade but only +3 pip. I saw a pin opposite direction of trade on 5m so I got out. If I didn't exit i would be down -12 pips
Ignored
DislikedNot a solid demand level, but worth to keep an eye on this formationIgnored
DislikedCaught a bit from this, remember:
momentum exceed everything, SHO's golden ruleIgnored
DislikedHi guys!
Hope all well in thy battle field
Wondering if any of you have noticed any differences trading this method through the summer time as opposed to before?
I see setups everyday but i dont seem to see them develop as good...¿?
Maybe its just me and my lack of experience... :/
Just a quick thought i had.
CheersIgnored
DislikedHi Roper,
Thanks for your reply.
I see the trade
However what i meant was if anyones noticed if volume has gone down and if trades tend to fakeout more than "usuall".
Sorry if i dont make myself clear. Basically from the thought that during august volume goes down, and since the method is based on momentum if this had lowered, hence producing more "fakeouts" than usuall. thats all.
Either way im still learning loads so i have a good way to go still.
cheersIgnored
DislikedI want to learn and many many thanks all of you for helping me. I see two reason to sell this point:
1) There was supply zone and market rejected from there
2) Momentum nice bearish bar is telling momentum is with you.
but I would hesitating to take short here because I am not sure at this point the currently forming impulsive move can become corrective wave... is it correct?
I am sure I would learn many things from your reply and guidance. Thanks again boss.Ignored
DislikedIs EU buy is valid entry. The arrow one is signal bar and long at the opening of next bar.
Also E/Aud .. there I bought too which is stopped but after I realize that was wrong play. Impulsive move was down, up was corrective move. Am I correct?
Edit: EU also stopped out.Ignored
DislikedOut of last 12 trades . 10 wins 2 loss. I don't want people to think I never lose.
I wish I could trade during London Session or around 9:00 eastern time. I have to go to work at 8:30 eastern.Ignored
DislikedFor sharing,
The second chart of EU M15 trade, as its been several impulsive / corrective waves, dont expect to gain more but focus on 1:1 of RR then quit.
EricIgnored