adaseb wrote:It was a hunch. Something i've been noticing.
If there was more pullback H1 candles then I probably would of entered there but I didn't think this candle would be it.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
Ah, I agree then. I do like it when the pullback is measured in 2-4 periods/ candles (whatever TF you trade). If there were 3 consecutive bearish candles thus adding a statistical edge to the Buy Trade I would probably triple my normal lot