I just scalped +38 pips on 5M basket chart.
Price droped very strong.
I missed previous two chances (white circle).
I jumped in at third chance.
I know it's quite late and risky because there's a strong demand zone right below so I get in and out very quickly.
Don't have time to trade more today. There has been a very strong up move after I closed my quick SHORT basket .
I'm learning X-Man's Super Simple System as well. Very good thread. I'm learned a lot. Thanks X-Man!
pre London trades on M15
- trade 1: TDI ok but short after a strong pullback bar, -7 pips
- trade 2: TDI ok, buy after strong blue pullback bar, good trade, price went up +25 pips and reversed very fast, BE
- trade 3: TDI ok but timing is quite late, price went up and down very fast, closed -8 pips, realized that there was a red news at LO