DislikedEntered here for short on E/U
SL - 35 Pips....
Lets see what went wrong here...
Making Money is Extremely Simple 38 replies
bo7a method... method for GBP/JPY 205 replies
Simple trading method 49 replies
DislikedIf I may...
I think you entered too soon. Maybe 4 or 5 (red) candles are safer to enter a trade...
Or the complete cross of EMA 12 that you didn't wait for (new rule?).
Just my 2cts....hope it helps.Ignored
Dislikedfx-pro follows the rules as system. why u didnt see it?
wait 4-5 red candles?!! not the rules, ok.Ignored
DislikedLets see what went wrong here...
This is my view and no, I didn't take the trade.
The candle that broke through the 12ema was 46 pips in range, the biggest in days and more than twice as big as the nearest "rival" in many hours. I take that as a warning to be alert. So instead of jumping in immediately, let the market show me what it is going to do, If I want to go short, let me see it take out the low of the candle just completed.
The candle closed just 3 pips lower than the 12 ema and looking at the long wicks either side of the small candle body, I read that as...Ignored
DislikedI think GBP red news changed the Bias. It came better than expected and London boys decided to take risk and shorted USD. And our signal candle was a indecesion candle (not a clear full candle). But nevertheless, in my opinioun, we should keep on trading this type of entries with a tight stoploss. Because your last trade in this situation was 100pip profit.Ignored
DislikedYesterdays trade hit my trailing stop for 9 pips. I'm shorting this again now.Ignored
Dislikedhi FXPro and the rest of the traders,thanks for the info here,ive been reading it for the whole week and trying it on a demo,just one question,not sure if it has been asked before,my humble apologies if it had been asked before,il like to know if you guys open market order or place a pending order below the reject candle and any other secondoery indicators for extra confirmation?