trade until H4 extreme or lose
just because GU scalp already
cover this trade.
H4 Support
M15 entrie
Im long on EJ too, from a daily/weekly
low extreme
lukx zline trading log + cfabian p.35 + adaseb p.48
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Not sure what I am doing wrong.. or where my understanding is flawed or if I am second quessing to much.
But this is typical for me:( and usually I lose)
So any advise and enlightenment will be greatly appreciated!
So my walkthrough:
First Check H4 for BO/MOMO candles and draw FIBS on them (0 -50-100%)
Now I am switching to M15 and I am waiting until price moves to the blue rectangle areas. Now that price is in my area you can see my brain working with analysis on the chart and what trade I think I should take!
Most of the time I am wrong but I refuse to give up.I will make this profitable at some point.
It appears my analysis was correct or was it just fluke?
I really would appreciate any anyput and help.
On a side note: If the green candles closed above the 50% mark of the red candle with the 3 sema on it, I would have done a long RAT entry as per Dragon's method.
But this is typical for me:( and usually I lose)
So any advise and enlightenment will be greatly appreciated!
So my walkthrough:
First Check H4 for BO/MOMO candles and draw FIBS on them (0 -50-100%)
Now I am switching to M15 and I am waiting until price moves to the blue rectangle areas. Now that price is in my area you can see my brain working with analysis on the chart and what trade I think I should take!
Most of the time I am wrong but I refuse to give up.I will make this profitable at some point.
It appears my analysis was correct or was it just fluke?
I really would appreciate any anyput and help.
On a side note: If the green candles closed above the 50% mark of the red candle with the 3 sema on it, I would have done a long RAT entry as per Dragon's method.
Ok another trade - same story - I might be going insane as I am having dialogues with myself with every decision.
ok so this one was succesful as well.
Took a 10 pips and then closed.
Is my analysis correct?
Am I reading the chart and price action correct?
Would the more experienced among you have done something else - maybe not take the trade ?
ok so this one was succesful as well.
Took a 10 pips and then closed.
Is my analysis correct?
Am I reading the chart and price action correct?
Would the more experienced among you have done something else - maybe not take the trade ?
scheeco wrote:Ok another trade - same story - I might be going insane as I am having dialogues with myself with every decision.
ok so this one was succesful as well.
Took a 10 pips and then closed.
Is my analysis correct?
Am I reading the chart and price action correct?
Would the more experienced among you have done something else - maybe not take the trade ?
I don't watch eu but from what i see on your picture i would have done the same. But i probably would have stopped trading after those run up and down. Enough pips.
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
Two options: you either lose or win!
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