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Revising the previous idea
Looking for a test of the 4 hour and 1 hour 50 EMA's.
Orange dashed line looks good for price to get too, but will Opt out slightly above.
Could possibly tighten the stop, but let's Not.
Looking for a test of the 4 hour and 1 hour 50 EMA's.
Orange dashed line looks good for price to get too, but will Opt out slightly above.
Could possibly tighten the stop, but let's Not.
Trade closed: stop reached
Comment:
minus 1%
Comment:
Price Action makes no sense here, but whatever.
Comment:
Now the direction makes sense. Slightly to early, but the bias was correct and thats what we need for our TA. Entry - is something that can fine tuned and corrected.
Comments
@VikingWaves, Thankyou for your kind words:- Clean Yes, Good presentation - hmmmmmmmmm sure, but the idea didn't work out.... Most Irritating. Not a huge believer in taking the lose and moving on. They occur but you can't dismiss a loss and simply move onto the next trade. There is a lesson here, other than it's hard to make a living out of trading the currency market. Time to look into why the Trade broke down.
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