I was initially looking to enter buys as we closed above resistance on the 15/30 and 1hr timeframes. I couldn't enter as my stop would have been too big. I decided to wait for a pullback of some sort and minor support to be created on either the 15 or 30min timeframe to take buys. This didn't happen. Instead, price closed below the previous resistance level...
27/10/2020 - Trade 1: GJ Sell @ 30min/1hr Support Break Took the GJ trade based on the 30min and 1hr breaking a support level. My entry was as the current 30min candle broke the low of the previous 30min candle. The entry was a little late as the ideal entry would have been when the 1hr candle also closed below support (although it was a little...
Enter buys on EURAUD for last trade of the night. The 30min and 1hr closed bullish above minor resistance, so I took a countertrend trade with reduced risk. I was meant to ent a .02 lot but entered a .01 lot, so making that mistake put me off a little. The price moved around 6 pips in my direction, but I decided to move stops to breakeven early (usually I do at...
Took Pre New York sells on Ej. Saw that price pushed down to support I had drawn during London. It failed to break but created another minor 30 support at the longer-term support level. Ideal entry would have been to impulse enter as price broke the previous candle 30min lows, but I didn't get in. Unfortunately, I FOMO entered as I felt the stops were still in...
Very small gain on the trade +2.1pips. Please see the linked trade idea for a detailed breakdown on trade. This was my second entry after the previous position stopped. Price moved then closed back below resistance.
Video analysis of GU Long loss. (see linked idea for detailed brake down) P.s I'm a long time trader still trying to find profitability.
Video analysis of EU short loss. (see linked idea for detailed brake down)
Took buys based on bullish 15min candle closure above 1hr support.