FX:GBPUSD   British Pound/U.S. Dollar
132 5 4
Wave 2 coming to an end
To be honest the trade was looking good when it was set up. We all know to wait for confirmation before we enter the trade as a fundamental rule and when what I thought was the wave 2 went below wave one it invalidated the trade. No money lost thought as you would not have entered the trade until the confirmation of going above the wave 1 high was reached.
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TomBurgoine TomBurgoine
this would have then validated wave 2
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TomBurgoine TomBurgoine
entry at 1.32793 to validate the trade
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GOOD JOB . iF I FOLLOW YOU , I WILL CLOSE MY ACCOUNT
+1 Reply
cobraofthesouth caothecongtoan
hi, this is why we need to use a SL.. wave 2 cannot go below the start of wave1
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