Disliked{quote} Hello, yes sorry that was a busy (working) chart. Hopefully this will help explain things a little better: Price did correct beyond the 78.6, but "looking left" (off the chart) clearly showed the significance of this area. The corrective swing comprised of an AB=CD (green), with a smaller scale 61.8AB=CD (red). The latter fell away from the line, which was a good sign that price would react. It was an aggressive entry (some might consider pre-emptive) but the stop was very tight located just above the green line (1.13500). Price reacted...Ignored
My day was a little hit and miss today, 2 losses (15 pips), a BE,and 2 small wins totalling about 20 pips, so down 10 pips on the day.
still letting a few silly errors dictate some of my trades but better than Friday. The BE trade hit my SLOW within a pip then went on to hit my TP of 20 pips, so the call on the trade was correct.