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Big Picture Money Management 4 replies
Trend Following on Big Timeframes with Xumm 11 replies
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DislikedLast part closed for 41 pips profit 9 minutes before UK inflation dataIgnored
DislikedPerfect set up but the downside price move was exhausted already. Needs deeper corection. {image}Ignored
DislikedShort was based on previous swing high + EMA. Long was at 20 EMA. Better entry was swing low + 50 EMA. The оnly reason to close the position were the UK inflation data and of course the 40 pips profit.Ignored
DislikedI see this nice test of 20 EMA on GU, but it does not coincide with any swing lows... and as I do not have the possibility to look at quotes I could look only for swing high/low coincide with EMAs. So - just miss this set up. The risk/reward is not the best but still normal I think. {image}Ignored