ev,
i notice you are trading more pairs now...
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DislikedNow this would have been a lovely trade, but I missed it, unfortunately. Those two dojis on the mid-point line were the key, purely and simply because of those long upper shadows, indicating lots of selling pressure, which pointed to continued downward movement. Would have netted around 40 pips or so. C'est la vie.
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DislikedHi Eyevoltage
Just learning. Where would your entry and stop be if you had entered this trade? Would it be the break of the first pinbar with stop at the other side of the bar, in which case it would have been stopped out ... or entry at the second bar or ... ?
Thanks
AdamIgnored
DislikedEJ short - M5
LO takes price below last week's low (dashed violet), today's open (solid magenta) and yest's low (dashed magenta)
price retraces to that area, forms some s/s's and heads back south.
entry as shown at 103.56.
placed s/l above last wk's low and went off to nap (poor sleep last night).
wake up 3 - 1/2 hrs later to discover good pips in the posket.
exit as shown at 102.59.Ignored
DislikedA bullish flag formed across the mid-point line, followed by a solid break-out. Entry and exit as shown.
Edit: Turns out that I jumped ship rather prematurely!Ignored
DislikedHi EV, I took similar trade, a hl on the 5 min after the close of the bullish 15 min candle, getting in at 3472 and like you out too soon at the pivot for +20.
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DislikedYeah, great minds etc.!!
The Main Pivot line seemed the logical place to bail out. Looks like price fooled the pair of us!
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DislikedDefinitely, but I've lost count of the number of times I've waited for a key area to give way only for price to come back and stop me out at B/E. Better safe than sorry!Ignored