jlpk007 wrote:Got caught out twice.
Waited for price to be within 20pip of low, bought on high of previous green candle..both trades are loser..What did i not see here..
I want to be green rat
ps:Pardon my poor english
I was watching this as well and it goes back to TRO's description of lower highs and lower lows, at least for the first one.
The first trade still could have been a winner with proper MM as it got more than halfway to 10 pips before reversing. Remember TRO's rule of taking profits when you can.
The second trade was just one of those trades. The price just BARELY (.2 pips on my screen) went above the previous high before going down. Forget about it and move on.