westcountry wrote:Hi V8, Yeah, I know you were. Thanks again for the support - I really appreciate it. Exits 'while I am in profit' are a new experience for me LOL. But 'being in profit' is a good thing for me to start experiencing more of. So I have to see what works best for me on this.
-West
For sure. Your already in my opnion doing a lot to help you become a profitable trader. Your recording your trades and taking notes. Plus your learning the setup and trading it the way its suppose to be, before changing it. Which is smart and what I do all the time. I learn some new idea and then see if there is a way to add or adopt it to my current trading.
Out at full stop-out. -6.5 pips as it blew right through the Day's high + Might have been a good buy there upon the breakout. + Probably should not have taken an entry on 5 minute chart with the way market was moving. 15 minute entry would have been more conservative and might have ruled me out of that trade.
This looks like a clear setup to me for a HOLO "buy", hence entered order and waiting to get it filled... Waiting... (Ugh, I Know, I don't like the look of that wick on the Red bar prior!)
Attachments
USDCADproM15setup.png (47.85 KiB) Viewed 3249 times
My order got hit, then I set my stop, by some miracle it touched the low of DAY and my stop did not get hit... Exited +4 pips or so... (also that pair was flatlining on the 5M chart which is something MO warned me about in the past)
Attachments
USDCADproM5.png (45.02 KiB) Viewed 3238 times
Last edited by westcountry on Tue Aug 09, 2016 4:50 pm, edited 1 time in total.
