Uptrend + New higher high after consolidation + failure of the losing army = winning trade ??
Sl =10
Tp :Wait and see if I have to worry about.
Sl =10
Tp :Wait and see if I have to worry about.
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DislikedUptrend + New higher high after consolidation + failure of the losing army = winning trade ??
Sl =10
Tp :Wait and see if I have to worry about.Ignored
DislikedUptrend + New higher high after consolidation + failure of the losing army = winning trade ??
Sl =10
Tp :Wait and see if I have to worry about.Ignored
DislikedThe market is failing at to sustain at the highs ...trapping long traders they are taking stops out..
Also your taking the momentum candles high in price not withing a pullback...
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DislikedClosed halve of my short position in the eurusd...
Short position in the gbpusd I have brought stops down on it....
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DislikedI dont come in at the close of the candle usually either ...you want price to break previous candles high to prove to you that the momentum that you just saw in the market are still there. If there is still bullish momentum they should be able to to continue the buying pressure by pushing pas previous candles highs.
Also if I ever consider just taking the close of the candle I would need to see a stronger buying candle one with almost no wick at the top showing me that sellers came back in the market.Ignored
DislikedDamn i didn't finish my homeworks...
Here's how I've read the price action.
I've joined the buyers cause there was a failure of sellers (5 small candles and a large wick at the last one).
So I've joined buyers one pip above the higher high, and there was no wick at this very moment.The wick appeared after the closing candle..
To be sure that I understood, your advise is to wait for the closing of the higher high candle, and for the first pull back after this candle but not to wait if the higher high candle is a large one ?
So the only...Ignored
DislikedNo spike on the top of the large green candle, so I bought it @1.2928.
Free trade from now and gap closed..Ignored