from trading the Reversal to trading the Continuation, is definitely a problem I have. I, too, would've been trading Short with es/pip at the beginning of this move (especially b/c of the way the candles formed in that previous peak that the price returned to), but as the picture changed....
es/pip wrote:your other chart looked ok to me
a zl does not nec. have to be based on a 2x bar----
all a zl is doing is showing held profit
so where you marked your line on the m15 was correct.
look at what that looked like on the h4, that is the reason we went down.
i am still short on h4 targeting the longs held profites/pip wrote:nice trades on the euro from everyone
h4 showed the way on that one
was short off the top
was aware of the size of the up momo. made a little on the short
in the long 3 times
2 b/e and then caught the move
Below is the only other picture available of a Long trade someone took on that trade:
Pretty much like my issue with the UCad Short three posts back, there was NO WAY I could've entered a Long trade as price came back up, my mind was too set on the Short...
I would like to fix this.