DislikedOk first time looking at this today but following the rules on EJ as far as I can tell would have resulted in 2 losers this morning. Trade 1: 8am GMT london open, Price opens at 133.03, day is green, place buy order 133.10 (first 00 level). Looking at 15min candles, price moved up to 133.11 just triggering the trade, then dropped to 132.95 which would have stopped it out...before rocketing straight up to 133.52 (which would have really p'd me off if I had taken it and lost before it did that!) Trade 2: One trade per hour so next trade 9am GMT 1...Ignored
The way I see it...
Trade 1 = life sucks, sometimes there are losses
Trade 2 = Udine mentioned that you need to look for reasons NOT to trade, and only if you can find any, then you enter. Price action leading up to this trade isn't heading in your direction, so it was a risky trade in my opinion (big bearish candle on the 15M chart just before the hour)
Vlad