Evaluator ,please look at this case
at second arroe I get a signal and went LONG,after that u see in picture my original signal repaint (at that moment I still have my position open because no signal in oposite direction trigered),after that I get a buy extryme (till that moment my position is still open losing,What shud I do?because I still dont get a signal to exit (of corse initial SL 50 pip) or may by I shud reenter the market (still holding that first signa opened?
so embarrasing situation ,I am total confucse
PS:at the moment that picture...
When the buy spike repainted to become red again, you should really have come out, because you then technically had a sell signal. OR you could have held on if you had wanted to with your stop loss below the swing low to see if it went back up, or you shouldn't have put a buy in right beneath the daily R1
I was doing some bed time reading and wanted to post this before I went to bed because I thought it was important for everyone to see. This is why all this Greek debt bailout crap will fail soon......How many countries can support a bond interest rate on 2 year bonds of 214% and how many countries can support a 5 year bond rate of 8095%? (see chart below)
Guess who has those rates for bonds???.....you guessed it.....GREECE.
All this bailout does is postpone the default in March with alot of ''Rainbows and Lollies'' This will fail and when...
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