thanks! same problem there. missing h1 down momo confused me. but on the other side... m15 was just finishing a fat cat... hhhmmm...
but i think we might see a bigger downward move later today or tonight anyway.
lukx zline trading log + cfabian p.35 + adaseb p.48
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dragon33 wrote:
Hi Dragon , just curious about your reason to take that trade at the specific entry you did?
I am failing to see an entry - the only factors for an entry would be resistance at 1.56771 as far as I can see.
Your entry is also at that moment against H1 MOMO but with current H1 colour.
Would you mind explaining?
Thanks!
scheeco wrote:dragon33 wrote:
Hi Dragon , just curious about your reason to take that trade at the specific entry you did?
I am failing to see an entry - the only factors for an entry would be resistance at 1.56771 as far as I can see.
Your entry is also at that moment against H1 MOMO but with current H1 colour.
Would you mind explaining?
Thanks!
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
Two options: you either lose or win!
dragon33 wrote:scheeco wrote:dragon33 wrote:
Hi Dragon , just curious about your reason to take that trade at the specific entry you did?
I am failing to see an entry - the only factors for an entry would be resistance at 1.56771 as far as I can see.
Your entry is also at that moment against H1 MOMO but with current H1 colour.
Would you mind explaining?
Thanks!
Thanks mate!
makes sense now
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flex wrote:i think both dragon and i exited to early on this last trade... hmmm. we'll see.
the lost trade is just another lesson to wait for a rat entry. i thought i was smart getting "wicked" in...
but then in the end, however, i made those pips back.
you could have made about 40 on the loser!!!
Trading is like cycling, first you need to learn how.
Two options: you either lose or win!
Two options: you either lose or win!
I do both, but I believe like better the rat entry.
My issue with it is that many times SL (the other extreme) is quite high.
Yes, we can lower lots and add after you confirm is on your way.
Rat entry on lower TF gives you the possibility of entering on higher TF's wick.
My issue with it is that many times SL (the other extreme) is quite high.
Yes, we can lower lots and add after you confirm is on your way.
Rat entry on lower TF gives you the possibility of entering on higher TF's wick.
flex wrote:So you would not use a rat trigger. What is your ultimate entry trigger? I've seen people enter long on red candles so that they get "wicked in". The rat entry is the total opposite since the candle has to travel first in your direction quite a bit.
WILL GET MY MONEY BACK FROM THOSE BASTARDS, AND I MEAN IT !!!!!
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"
"WAIT FOR PRICE, WAIT FOR PRICE, WAIT FOR PRICE"
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