- steady uptrend
- price breaks through resistance at 171
- returns there creating swing low and bouncing off it (significant level)
- returns one more time and forms a large 2BR along with the daily uptrend
- anticipating a small retracement
- entering on the PA break
- SL below
- TP on the swing high
- solid uptrend with resistance at 169.74
- 1st retrace to daily support level which held
- second retrace slowly happening
- waiting for bullish price action signal at around third circle in order to enter with trend
- TP around top resistance @174.05
- solid uptrend
- retrace to daily support level
- bullish pinbar
- entering on pinbar break
- SL below previous support as PB reaches almost to it
- TP1 just below next RN & BE for second position
- TP2 around weekly resistance @109
- trialling stop for TP2 under every broken resistance
- uptrend on GBPCAD
- proven DAILY level @1755
price goes through the level, then retraces giving obvious signal to go up (Engulfing Bar) with the trend
will move to BE on reaching recent swing high @1766 and plan to TP at around @1780
- downtrend on Gold
- proven daily level @1212
I was waiting for the Price Action signal on intraday to give me green light to short
- PB appeared, but really small, I got tempted and set up a really shallow SL which got triggered after few hours
- price dropped down afterwards hitting my potential TP
Lesson learned:
+ don't be shy with stops, set them above...