chanalb
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DislikedHi Chantalb
Just got up, drinking my tea, coffee is not good for trading.
I hope it helps.
Your friend, IL BRIGANTE.Ignored
DislikedYou were absolutely right on nzdusd, maybe 4 hour is too large for entry, one hour is better, sometime you need to scale down to 15 or even 5 minutes TF.
What is important is were you place your stop loss, you need to place were is difficult to get back there, that is why confluences are important.
IBIgnored
DislikedHere is what I see as potential entries for this week. And Profirio and IB were right on when they said that if price only retraces to 23% then the move is a very strong one. So with all that heat Europe is taking the below chart is what we may have.
What do you guys think?Ignored
DislikedYes you are right, but we need to consider the sentiment of the market when the pull back occurs.
Now, on eurusd the was money to be made, but often we get prisoner of our own conviction, that is me included.
It was screaming and telling me there were free money.
The daily chart was showing an important break of the daily UTL, sentiment was huge, those bloody Italians messed it up once again, everybody was selling.
On the 1h TF is clear were we should have entered and were we should have
protected our "culo" but I did not because I was not...Ignored
DislikedChantalb,
There is one thing I didn't understand and is really puzzling me if you don't mind explaining to me, maybe on the chart. On post #438 you stated "on condition that we get a confirmed fractal where the TL is anchored." You kinda lost me there, and not sure what trend line is anchored means. From my understanding of a fractal, there has to be 1-2 candles to the left and right with HL or LH.....so kinda puzzled there...Ignored
DislikedI took this one at 9GMT, so far so good. This trade was off the W1 pivot high, 4hr view and 30min entry. It’s a good thing I did not wait to take it off the H1 because that 9GMT bullish pin bar would have made me avoid it altogether or maybe got in after the 11GMT bearish engulfing. SL is 60 pips from entry.
Ignored