GU setup with entry around 1.5087 but missed entry, was watching another pair...
FXE, did you take it?
FXE, did you take it?
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DislikedGU setup with entry around 1.5087 but missed entry, was watching another pair... FXE, did you take it?Ignored
Disliked{quote} On my charts the high of the MACD setup candle is at 1.50873 while the TMA is at 1.50904 which is less that 3.3 pips away so I did not think it was a valid setup as the entry point needs to be outside the TMA bands as well. But very close!Ignored
Dislikedguys i want to clarify one thing as I see nico and freshpips are having valid discussion about validation of the GU setup. in my rules I have stated that the entry point must be outside the band.. and that stands correct.. but there's a difference when price has completely separated from the band with a gap in between and then to resume for a possible setup and entry point that could be slightly inside or at the band, than the one that gives entry point inside or at the band without the PA extension and gap from the band. in my first post rules...Ignored
Disliked{quote} FXE, this has been my understanding since following this thread. I suppose in some respects its down to personal interpretation, and also up to the person in question and how confident he/she feels about the setup unfolding in front of them. But as always, thank you for clarifying. (I had noticed this from watching the trades/screenshots you post that this was the case...)Ignored
Disliked{quote} YW, and thats the way to look at it...Once there is enough trades under one's belt then it becomes easier and clearer to see and make best interpretation about.. I still make mistakes.. but with high confidence and preplanned risk control i know i got something to fall back on semi mistake entries to accept the loss and eventually to move on with a experienced gained.one is way better off to be active with care to sharpen the skill then to be extra hesitant to peruse perfection, at least in early stages.Ignored
DislikedPotential EU setting up. Also GU if the bears push it down slightly further, aslong as 1.51 doesnt hold.Ignored
Disliked{quote} ..good observation to be on the ball FP, sounds like your on top of things, good on you. "Early perpetration and mass of screen timing will increase the level of involvement.. which is key to ones success in this style of trading."Ignored