GbpUsdm1 Price broke 200 MA, dragon and 1.29300 level with notable bullish volume.6 pips FIFO trade.
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PVSRA Scalping with Cigarguy
- #9,027
- May 17, 2017 5:37am May 17, 2017 5:37am
- Joined Mar 2016 | Status: Senior member | 1,279 Posts
- #9,028
- May 17, 2017 5:39am May 17, 2017 5:39am
EURUSD M1 +5PIPS LONG - If you look left, you can see a very strong resistance at 1.11000 key level - I entered when PA finally broke this level with a green candle and notable volume Got my target and exited {image}
- #9,034
- May 17, 2017 6:32am May 17, 2017 6:32am
Ok, I clearly suck at this, I'm just gonna keep practicing.
EU m1, 4 pip loss. Please ignore my others trades.
Long green bar with support holding. Went long at the next bar, tp 5 pips, SL under previous low.
Saw reverse hammer, I think I should have closed the trade here.
Price went in the dragon, I closed as soon as price opened beneath.
I think the entry was good, but my exit was late. Any comments will be highly appreciated.
EU m1, 4 pip loss. Please ignore my others trades.
Long green bar with support holding. Went long at the next bar, tp 5 pips, SL under previous low.
Saw reverse hammer, I think I should have closed the trade here.
Price went in the dragon, I closed as soon as price opened beneath.
I think the entry was good, but my exit was late. Any comments will be highly appreciated.
- #9,040
- May 17, 2017 7:41am May 17, 2017 7:41am
Thank you for your insight. I agree the spread is too high. Can you recommend your broker with lower spreads?
As an example of what I was saying, here I got in after the price got rejected by the dragon. I closed it BE when 1.112 stopped the price for the third time today with a high volume pin bar. The price might still go higher, but EU is in a pretty tricky situation right now, so I don't feel confident having a wide SL.
