es/pip wrote:Fxtraveller wrote:es/pip
coming back to that EURJPY trade. after the successful short, I shorted again, and could have gotten away with 20 pips. (chart below)
Needed to be elsewhere, so let a reasonable winner become a loser.
Looking at D1 chart, I am still looking for a big reversal down....
I WILL catch it =]]]
Just like I caught GBPUSD to the up from the very start, very successful entry... BUT I scaled my last lot out at 1.6285 !!! there was another 125 pips to GO ! arrr, still cutting my winners, but less than before....
breathe, I am getting there.... MO's education enables predictions of reversals of surgical precision
Yes, I am with u on that. Just that, if playing short one would want to know that h1 increase in momo may offer an issue with the short attempt
I almost traded short out of there myself.
by pointing out the increase in momo on H1, did you mean that a SELL should have been executed (momo upwards raising the alarm that it is a reversal and not a pullback) with greater caution or disregarded at all?