Trade Note

results.

FIRST PIN on Gold's 15m chart. It rejected 15m 200ema and hit my SL.

H1 TREND + 30m Pin on Gold. Because it hesitated, I closed.

First Pin on both m15 and m30. I was expecting a very fast move downside. Because that move hadn't appeared, I didn't hold the position any more.

First PIN on EJ's 15m chart with a double bottom off 72ema. It exploded well, but it hesitated after hitting m30 72ema.

results.

First pin on usdchf m30 chart. I held the position too long.

H1 TREND + H1 pin...I exploded wrong side.

Results of 2. twenty trades.

ANALYSIS AND UPDATE

1-) First PINs are good.

2-) Holding Pin with H1 TREND produces negative expectation and ovetrading.

So,

a- Keep on trading FP.

b- Trade HP (30m or 15m) with H1 TREND + H1 PIN + another clue (eg. RN, 200ema, H1-12ema, third pin)

30m FP + H1 FP. No explosion (-1)

HP + H1 TREND + H1 Pin + H1 12ema + RN + 30m Pin. Good explosion , SL to BE, (0)

15m FP + 15m extra Pin + H1 TREND. No explosion. (0)

results.

15m FP + RN. Price couldn't break 30m 72ema and gave a pin. (-5)

15m FP + RN. It didn't explode. (0)

15m FP + 30m FP. Too early exit (-9).

15m FP + 30m FP. Too early exit (-13).

15m FP + 30m FP + H1 Pin. Too early exit (+14).

results