Scalp on GJ, im gonna hold this
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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