PA, S/R, ZL, EXTREMES & MOMO
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es, do you consider that h4 as momo when not closed yet or are you refering to the previous long time ago h4 bar?
Its also broker dependant when h4 closes, right?
Its also broker dependant when h4 closes, right?
Last edited by scratty on Wed Mar 09, 2011 2:18 pm, edited 2 times in total.
Lose professionally!
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- newscalper
- rank: 1000+ posts
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scratty wrote:hi fxfreak
price went ~30Pips against you. When would you exit if the movement is against you?FXfreak wrote:Took profit at 40. Sell at 38. I hope to see a retracement. I have no take profit yet. yiihaaa
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EDIT
out +15
56 + 15 = 71 pips for today!
I would have accepted A LOT! As I wrote next support would have been 25/35. If this support would not have been good for a reversal I would have been out with a loss of 50-80 pips.
i would pay that from my profits! with a small sl i'm always afraid that i could be wrong. but when a trade is 30 pips against me that doesn't mean that my analysis is wrong. it is only trading without confirmation from m5.
look at my entry short at 40. no confirmation from m5. i was sure price would retrace. but price could easily have spiked up to 50 or 60. in this case my sl would have been near 70.
now i add 71 pips to my sl
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