DislikedI went short exactly on my timing line which was in the screen grab I posted, it show 13:00, but that is GKFX and they are 2 hours ahead of UK time. The cycle line is the time I shorted, I looked at where price had gone to before this time and I put my stop 20 pips above the high you can see at 169.07. With time and price points, sometimes the high is the highest close, not always the highest bar, but it can be so I don't want to get kicked out of a trade because I placed my stop too close, once the trade runs my way I bring my stop down, so if...Ignored
Can you describe how you moved your stops as price went down and where and why you exited when you did ?
Your entry was excellent but I was wondering why you didn't wait for some kind of price confirmation before going short since price was still moving up at the time you went short.
Borg
May the Forex be with you.