Honestly you cannot win them all. Only thing I can see is a flat 15 minute minute stochastics which would give me the indication theres not enough strength in my eyes and to also exit with a small loss. Also the genesis changing from a solid color red might be also be sign things are starting to change. Unfortunately for myself then it boils down to price action. If its a trend trade I may stay with it. Knowing the market trended short all day do I really want to countertrend. I probably would have taken the same trade minimizing the loss but that's just me. This is just my opinion and my thought process as we are all different traders and read price action differently. Thanks for posting your losses along with your wins. We can all learn from the experience.
DislikedHi! I will try to post a chart here. And for once it is a loss posted, not a win. I guess I am the only one taking bad trades :-) I hope to learn by my mistakes, and also accept that it will be losses. I took the trade on M5 chart GJ this morning. I hope it is not offtopic to talk about that timeframe? Here is the trade. It went to my SL at 10pips. I had set a TP1 of 10 pips also which it did not reach. I thought the trade was triggered in all my indicators and also away from sup/res/pivot. Please give feedback. {image}Ignored
I sold the pull back in EJ as € turned down before cable and I also got ~15 pips....
