Entry around 618 retrace with stop above 786
Currently respecting the levels and the TL
Comment:
Harsh lesson learnt last night because I entered 3 trades too early. Hit SL on all 3 when i could've had over 200 pips if I'd followed my normal entry principles.
The above trade follows my principles. Timed entry at a level I think we will retrace to. Knowing my luck, this will tumble before my order I can fill.
I learnt a valuable lesson last night, though. I'd rather miss 100 trades and preserve capital, so I can afford to catch some, rather than enter early and lose capital.
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The above trade follows my principles. Timed entry at a level I think we will retrace to. Knowing my luck, this will tumble before my order I can fill.
I learnt a valuable lesson last night, though. I'd rather miss 100 trades and preserve capital, so I can afford to catch some, rather than enter early and lose capital.