I use to analize my loses.
My mistakes in eurjpy today were:
1- Two pips below 100% target was to tight
2- I didn't realize PA was so close 200EMA: in fact it acted as a support. I should have waited to get it drilled.
3- Crossing 5EMA and 30EMA some minutes before was a bullinsh sign, not bearist.
4- I thought Pivot line would act as a resistance, but it didn't.
You can not act mechanically: measure twice, cut once.
Hope you don't do my mistakes!
My mistakes in eurjpy today were:
1- Two pips below 100% target was to tight
2- I didn't realize PA was so close 200EMA: in fact it acted as a support. I should have waited to get it drilled.
3- Crossing 5EMA and 30EMA some minutes before was a bullinsh sign, not bearist.
4- I thought Pivot line would act as a resistance, but it didn't.
You can not act mechanically: measure twice, cut once.
Hope you don't do my mistakes!
Trading: the skill of avoiding trades