Hi TooSlow,
I was just reviewing some of the trades I took yesterday to identify possible improvements.
In order to get rid of my "trigger happy" behavior, I'm only taking entries after there's a 15min close between OPEN High/Low and EXTREME.
Looking at EURUSD yesterday, two very bullish candles formed after NFP news and then we had three Dojis.
- No entry on the first doji --> breakout
- On the second Doji I entered on the red arrow but price never moved enough in my direction to move the stop to BE+1.
I understand losses are a part of trading but just wanted to check if anything was wrong with my thought process.
Thanks and have a nice weekend!!!!
TF1
I was just reviewing some of the trades I took yesterday to identify possible improvements.
In order to get rid of my "trigger happy" behavior, I'm only taking entries after there's a 15min close between OPEN High/Low and EXTREME.
Looking at EURUSD yesterday, two very bullish candles formed after NFP news and then we had three Dojis.
- No entry on the first doji --> breakout
- On the second Doji I entered on the red arrow but price never moved enough in my direction to move the stop to BE+1.
I understand losses are a part of trading but just wanted to check if anything was wrong with my thought process.
Thanks and have a nice weekend!!!!
TF1