DislikedI believe the validity of this discussion, I'd know to say how many jobs there are today on EURUSD, and if there were?? I have taken many stop where am I wrong?Ignored
have a look at the attached pictures (M30 and H4). As you can see today PA was bouncing in a narrow range beetwen :
Upper side -- Trendline + R1
Lower side -- Trendline + DP
It always better to have the big picture in mind before moving to M5 for trading. In post #1 there is an interesting link about multi TF analysis.
In this case (range = about 30 pips) you have two options :
1. move to M1 TF for scalping few pips
2. no to trade (my preferred option)
In these cases it doesn't make sense to force the market to give you pips
Besides, as our master RJ is used to say, SL is not there to be hit but just as a safety net.
I suppose you are Italian, let me know if you have issues with the English I can support you in Italian too.
ciao a presto
wiz3003
Attached Images
You control how you trade; the market controls how and when you'll get paid