G/U chart from earlier, 15M..
The red circle was my signal to go short. After the red pinbar I entered half my position, and then entered the other half once the price pulled back up to the wick of the pin. The price had been swinging nicely before this, so normally I would only aim for a scalp. However, the next two candles after my signal candle bounced off the 10EMA and then failed to make a new high following the bounce. That was my signal to let the price run past the area that we would normally assume to be the next higher low (if the candles would have went through the 10EMA I would have closed out near the bottom of the channel figuring it was a a higher low).
Instead I closed out at the circled green hammer/pinbar with the green arrow by it. I didn't actually go back long here, although I realize that would be the correct "EO trade". I figured considering the time of day there were no more pips to be had until a few hours later during the asian session.
The red circle was my signal to go short. After the red pinbar I entered half my position, and then entered the other half once the price pulled back up to the wick of the pin. The price had been swinging nicely before this, so normally I would only aim for a scalp. However, the next two candles after my signal candle bounced off the 10EMA and then failed to make a new high following the bounce. That was my signal to let the price run past the area that we would normally assume to be the next higher low (if the candles would have went through the 10EMA I would have closed out near the bottom of the channel figuring it was a a higher low).
Instead I closed out at the circled green hammer/pinbar with the green arrow by it. I didn't actually go back long here, although I realize that would be the correct "EO trade". I figured considering the time of day there were no more pips to be had until a few hours later during the asian session.