TheRumpledOne wrote:bettlebox wrote:Hi
i took this trade on EUR/USD today at 8am H1 was up and D1 was down. i entred at trigger line. The very next bar turned against me closed at -19 pip lose.
my thoughts are this what TRO would say, "anything could happen".
Is there anything i could done differently to spotted this?
I know i could of closed it bit sooner this something i need to work on.
any comments would be appreicated.
http://picasaweb.google.co.uk/lh/photo/ ... directlink
NB: im not playing rat zone. Im think you call buyzone plays .
Price had moved up quite a bit before you entered. Have you read about BUZZARD REVERSALS?
BUZZARD REVERSAL - after 3 or more consecutive like-colored H1 candles.. you wait for the current candle to reverse in color