DislikedAussie and the pound both hit SL. Guess I wasn't on beat with the market. Time to wait for it to get in rhythm again.Ignored
I set up a consolidation Support line on the H4 chart then waited for it to be broken. Moved to the H1 & entered short at close as shown on attached snapshot.
Smallish Stoploss of 14 pips but still hurts a bit.
I think I know why this failed - I jumped in as soon the H4 support was breached. In hindsight I should have waited to see a close below this level on the H4 chart and then moved to the lower T/Frame H1 to look for a pullback /move away entry.
I am still trying to get a handle on the EARLY entry and have watched Phillips videos over & over. Guess I have to watch again. Meantime any offers of suggestions are most welcome.
MARKET 4 - BINNIE 0