Dislikedyeah man, you have to be very patient and extremely disciplined . i dont win every single trade but i try to win at least 90% of my tradesIgnored
I was looking for EJ H1 trend. My analysis was the overall trend still going up, price above SMA200. There was no sign of retrace/reversal yet. Although they looked as a range market (I marked it on the attachment). When M5 gave a Symphonie signal, thought it could be a breakout from the range, so I put a buy stop order.
The entry got stopped out now... and the price going up (okay, typical!!) right after touching my 30 pip SL. Either: my SL too tight for EJ (volatile pair), my analysis for H1 trend is not valid or well that's forex, nothing can be predicted correctly. I will work for the SL setting, but will be very glad to hear your opinion about the H1 trend.
Thank you.