Pro Trader wrote:Hi All.
2nd day live trading. Entry seemed ok, still need to work on exits.
H4: Price was reversing from a zline within a momo candle.
H1: Price was reversing from the 50% level of a momo.
15m took entry as per Dragons method with a 20 SL.
Target was long yellow line but exit was at the short yellow line which was on a green candle coming back up (the 3rd red candle you see from the reversal). Took 12 pips.
Price just reached my target now as I'm typing.
Hopefully I can hold more in the future.
Any advice or comments are appreciated.
I took the exact same trade. Good job.
My only advice, hold on to your trades longer. Look for targets on the 0 to 50% of any H1 candle. In this case there was none however a good target could of been the 0% of the H4 bullish candle.