My entry on M15. Price fails to close above yellow square. It wicks the H1 zone but cannot go thru it. Entered short at the BO of previous candle.... SL got hit. Lost 40 pips today. Arrgggghhhh. Comments appreciated....

Here's H1

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cfabian wrote:Well, 2 trades this morning and definitely did not kick ass. I'll post 1 as the other is similar.
My entry on M15. Price fails to close above yellow square. It wicks the H1 zone but cannot go thru it. Entered short at the BO of previous candle.... SL got hit. Lost 40 pips today. Arrgggghhhh. Comments appreciated....
Here's H1
cfabian wrote:Well, 2 trades this morning and definitely did not kick ass. I'll post 1 as the other is similar.
My entry on M15. Price fails to close above yellow square. It wicks the H1 zone but cannot go thru it. Entered short at the BO of previous candle.... SL got hit. Lost 40 pips today. Arrgggghhhh. Comments appreciated....
Here's H1
cfabian wrote:Now look at this... don't you hate this??????????
What would you do/recommend to prevent this? Did I enter early? How to know, Why?cfabian wrote:Well, 2 trades this morning and definitely did not kick ass. I'll post 1 as the other is similar.
My entry on M15. Price fails to close above yellow square. It wicks the H1 zone but cannot go thru it. Entered short at the BO of previous candle.... SL got hit. Lost 40 pips today. Arrgggghhhh. Comments appreciated....
Here's H1
Fxtraveller wrote:I HATE IT WHEN MY BROKER DOESNT TAKE MY ORDER BY 1 PIP!!!!! AAARRRG. ITS ONLY 1 PIP DAMMIT! I WILL SWITCH TO A ECN EVENTUALLY!!
The fact I was right doesnt alleviate my grief much =[
But since its been such a push back, im still bullish.
Cheers.
FxT.
adaseb wrote:Fxtraveller wrote:I HATE IT WHEN MY BROKER DOESNT TAKE MY ORDER BY 1 PIP!!!!! AAARRRG. ITS ONLY 1 PIP DAMMIT! I WILL SWITCH TO A ECN EVENTUALLY!!
The fact I was right doesnt alleviate my grief much =[
But since its been such a push back, im still bullish.
Cheers.
FxT.
I'm pissed off by this trade also, I was 100% sure that it would pullback some more and I would go long there.
Fxtraveller wrote:adaseb wrote:Fxtraveller wrote:I HATE IT WHEN MY BROKER DOESNT TAKE MY ORDER BY 1 PIP!!!!! AAARRRG. ITS ONLY 1 PIP DAMMIT! I WILL SWITCH TO A ECN EVENTUALLY!!
The fact I was right doesnt alleviate my grief much =[
But since its been such a push back, im still bullish.
Cheers.
FxT.
I'm pissed off by this trade also, I was 100% sure that it would pullback some more and I would go long there.
adaseb, I put my limit just above the BO point, that can be seen on H1/H4 TF (or any other Below D1 for that matter). To me that was THE place to enter
What kind of approach/ experience made you certain that it would go even lower?
Regards.
FxT