Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
DislikedHi emmanuel. Do you mean it would be a bullish bias.Ignored
yes, on H4, I look to trade a possible retracement back into last week' high low.
since yesterday I was looking S3 for EU H1 buy setup but did not see a good one. market is ranging with little momentum and low volatility.
I think those who trade off the M15 chart may have caught something yesterday, smaller range smaller expectation for TP.
Did anyone catch anything today?
I shorted Eurusd due to the the reasons stated in my chart.
I have closed half lot at 20 pips alr. Hoping it will break the low range of the asian range and see whether there is a chance to add position.
hope fellow traders will share their opinion on my entry.
thanks for your advice and it keeps me going!Ignored
I enjoy your on going contributions. Personally I am still anti eur CT moves even if 4hr signals, still not believing this market operating 'normally'. The generally very poor recent 1hr pullbacks I feel is evidence of that. Should COT data continue to show big dogs offloading their massive short positions and pa supports a change then fine. Happy to miss CT set ups until a little more solid.
Anyway Mrs V has scalped gu buy.Ignored
DislikedMy lesson learned is: you should follow your position. I know this is very basic, even then... Fortunatelly it as on demo account.
there are lesser H4 system posted nowadays. I would like to ask some questions and hope fellow traders can help.
I have posted two set-ups but the first one ended up as a losser but the second one ended up as a winner.
I was wondering whether the candles indicated with yellow arrow, are considered a pullback candles?
If both are pullback candles, i believe H4 setup should be correct.
And how to minimise the losses made in setup one?