forget about the r/r bullshit being preached.. short each rally for a max of 5 pips SL..
And that was only the last part of the yesterday drop.
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Dislikedif you look back at the picture I posted while the m15 showed gazillion pinbars an engulfings, the wrong way... so if you look at that 100 pips drop, it had about 5 -6 opportunities to short those mini rallies.. how many pips would that do to ones account?
forget about the r/r bullshit being preached.. short each rally for a max of 5 pips SL..
And that was only the last part of the yesterday drop.Ignored
DislikedInsight is always easy. But most of the people here got burnt yesterday going long (including me!) even though it was dropping.
I guess we were all trading what we thought, and not what we saw.Ignored
Dislikedyeah.. PA doesn't mean H&S and pin bars only.. actually those will screw you more often than not.... but that's what the books say we should look for.. so..Ignored
Disliked…so if you look at that 100 pips drop, it had about 5 -6 opportunities to short those mini rallies.. how many pips would that do to ones account?…Ignored
Dislikedtrue, I've got screwed a little yesterday.. maybe next time then.. if it does something similar..
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DislikedYou know it always does but quite frankly I didn't expect the retrace without touching the fridays high. Right or wrong, I have the idea of large retraces happening after a failed attempt of the latest high, there was no fooking attemptIgnored
DislikedNow I did have covered all my positions @ 1.35628 ...
12h29 CET ...
Prepairing A REVERSO mode trades ...
;-|Ignored
Dislikedfire work is ahead!!!!!!!!
I think I see this PA before long time ago.Ignored