PTG wrote:arkan1976 wrote:Price reachs a 1h zline
1 bodies in the direction of profit
2 wicks in the direction of loss
what am I doing wrong ! ?
Again, short MOMO MIA (missing in action). Think "continuation UNLESS" and don't try to see reversals where there are none.
What is it you need to see to trade the other way (short in this case) ? SELLERS. What proves that there are sellers ? Rejection of a price level and a strong move away from it. If you think you don't see it, take a step back and relax; do nothing. Have patience and learn to wait until you see a new direction come into existence. Don't rush it, there is always a next opportunity. Keep at it, old chap.
2018-03-26_2015.png
"Have patience and learn to wait until you see a new direction come into existence. Don't rush it, there is always a next opportunity."
What I quoted is my daily struggle.
MAXIMAL





IS A LIE__________