Hey fxtraveller, good to see you...
Post your chart so we all learn!!!!
jarnapal wrote:What a dumb day. Didn't took any shorts but waited to get long at zerolines..
Not as dumb as mine, I actually took a short and got burned, -4.5% ...
ITs a shameful one, but I need constructive feedback (or just grilling).
My worst enemy now is my R/R ratio. I stick with H4/D1 zlines strictly, no hopping from the principle, but keep tweeking on method of entry (rat, scaling in, etc...), and my R/R is always around 1:1 or worse.
Other reasons for entry other than ZL : 1) Extreme 2) 7 consecutive candles of same color, expected a reversal on statistical grounds.
This trade alone costed me 3 weeks of successful trading....
3 feet forward, 1 meter back= standing still