dragon33 wrote:adaseb wrote:Anyone know why this ZL trade never worked out yesterday?
You gotta be kidding???
Surely I don't know what the hell I'm doing here, BUT.
I think what dragon means by price running up is that there was NEVER a H4 momo to show you that price was reversing.......h1 momo's when trying to get some pips are worthless if h4 or D1 has not yet momo'ed....LOL
Is the h4 in that sequence telling you to go short or long??
Check it out and report back on what you see.
I know, this is one of my bigger issues.....not waiting for a trade, overtrading, and picking tops and bottoms. Then NOT letting go when I KNOW for a fact that I'm wrong. All I'd have to do is exit with small loss and wait. Can't go up forever.......hehehehe