es/pip wrote: pablo101 wrote:
I know most are learning MO 202 so far so sorry for the buggin, I'm still in 101 class duh
First chart is the EU trade zline trade I entered from yesterday 19 Aug. Shame it was on demo only
Second chart is GU today which turned out to be a loss. It may still work out so I already put an order in. Can any pros here comment on my GU and was it a bad entry on my part ... sort of like operator error?
that one is a little trickier bec it does not happen on consecutive bars--
not sure what your exact entry price was---- but looking back at the chart i think you could have got out at b/e or - a few--
are u watching the 5 min chart at all?
i don't think it was an incorrect trade. i watch the 5 min and tend to get out when a 5 min bar closes against me
Entry was 1.6513. Looking back on that trade, there weren't many wicks in loss, I see bodies in profit but the wicks weren't that prominent. Maybe its something for me to keep in mind.
I did eventually enter GU again, when I saw the sudden reversal on the 8:00 bar yesterday and I saw the wick then I entered short and got 47 pips from it LOL. I was down -92pips yesterday but still managed to be in profit
By you saying that 'it wasn't an incorrect trade' makes me feel the happiest zline newbie in the world. I least I know my thinking is in the right direction. Thank you ES/PIP, you're one of the best in the business!