This is what I'm watching today. Possible LONG: EURUSD H1 10EMA in confluence with M15 35/50 and RN at 1.1100
Well, that happens
- #2,364
- Edited 1:35pm Aug 2, 2016 9:34am | Edited 1:35pm
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
Possible SHORT: USDCAD H1 10EMA in confluence with M15 35/50, and Monthly Pivot at 1.3040, also Round Number is just above at 1.3050.
My entry was after the M15 pin bar that I saw as a confirmation, but it went against me for around -18 pips form there. Any way, I left the trade open for a while hoping that the Round Number would hold and setting the target to +10
- #2,369
- Edited 9:23am Aug 18, 2016 8:53am | Edited 9:23am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
- #2,370
- Aug 18, 2016 9:46am Aug 18, 2016 9:46am
- | Joined Apr 2008 | Status: Trader | 1,312 Posts
second time today stopped out by less than a pip
- #2,379
- Sep 14, 2016 3:03am Sep 14, 2016 3:03am
Stopped out... {image}
I took this one too (entered at M15 COB closer to 10ema), however it could be avoided - look at H1 bearish converging 35&50 and H4 10ema bounce, imho that was a strong sign to stay out. I hesitated, but was eager to grab some quick pips hoping the price would go up to actually check H1 35/50, but it didn't - just another reminder to "trade what I see, not what I expect"
Everything is possible
