DislikedEntered per attached chart. A few minutes before approved entry hours. High Impact release in less than 4 hours.Ignored
I entered a SonicR long trade yesterday. But should I have called it a SonicR trade? I entered just minutes before the approved hours....not a big deal, right? WRONG! Had I waited just one hour into the approved hours span, the Frankfurt Open traders would have given me a clue that maybe "long" would not be such a good idea. And had I waited still more to see what the London traders would do, an hour into their trading would have confirmed it!
Several times of late, I have found myself saying that I should just wait for the London Open.....see what those traders do.....before trading myself. I think I will give that "adjustment" a try. It could have saved me the 32 pips loss I took when getting stopped out of my long trade.