EUR - The Euros

[immy]

Missed it, I was not at my laptop yet



 

in future, you could, if you like, and if you're keen on the pair, put a pending limit sell order 2 pips below the BOX low, the read line you've marked and get in. 


 

or the good old SEED signal limit sell 

 

I am not expecting further weakening of the EUROs .. it will 5th day in a row. While it can happen, the chances of it happening are low. I am expecting a TRADING range. 

[Minsk]

look at that monster, it's still going down.
well, missed opportunity, next.

[immy]

look at that monster, it's still going down.
well, missed opportunity, next.

 

yep... wish wish wish... oh man... hope to catch something like this this month ... Beat the Cost of Living Crises with ONE trade 

[immy]

Missed it, I was not at my laptop yet




 

in future, you could, if you like, and if you're keen on the pair, put a pending limit sell order 2 pips below the BOX low, the read line you've marked and get in. 



 

or the good old SEED signal limit sell 


 

I am not expecting further weakening of the EUROs .. it will 5th day in a row. While it can happen, the chances of it happening are low. I am expecting a TRADING range. 

 

Immy, keep your "predictions" to yourself next time. JUST TRADE THE SETUP.... Idiot...  
 

[Minsk]

look at that monster, it's still going down.
well, missed opportunity, next.


 

yep... wish wish wish... oh man... hope to catch something like this this month ... Beat the Cost of Living Crises with ONE trade 

 

 we were late to the party anyway, but yes we could have, if we would have, and in hindsight we should have

[immy]

I have put the balm of "We did not get a Signal" on this wound. 

[immy]

I went for it but then I realised, no, there was a support level to the left. I had to wait for the TC to form and that will only happen until the candle closed. And it must close out of the box. (TR). 

I have sold the box low but I think I have made a mistake. I was going to delete this PO after realising that it was hitting Previous Support. I only want to take LIMIT orders after a clean breakout, but here I went before the close of the candle. So there you go, a mistake. Let's hope it works. 

2022-07-13_08-55-55.png

 

2022-07-13_08-57-32.png

 

Then I forgot to delete the PO. Got in and out and got smashed so fast like an M1 chart. 


Lesson: Remember,?BREAKOUTS don't work. What I traded was not a limit sell after a clean breakout. I was too eager to trade. So I set a limit sell order before the candle was closed before it broke the lows and closed outside. I clearly saw it was hitting previous lows. the big boys, loaded up buy orders at previous levels. and it rocketed up. 

Trade 1.png

 

DS0

 ps: my thoughts and feelings: now I'm like feck this limit sell orders. It has added a second layer of complexity. just fecking stick to the damn plan. I know I will feel different later. It's not the fault of limit orders, it was just a BAD read on the market and too eager to trade a "limit" sell. NEXT
 
 
 
 
 

[immy]

 

[immy]

This is the power of H1/M5 when the TREND is present and its moving CLEAN

[Minsk]

This is the power of H1/M5 when the TREND is present and its moving CLEAN

 

I see I need to look at candles with more wick as well. I just looked at the obvious trend candles with small wicks. 
On H1 this looked quite "ugly", it has almost as much wick as it has body.
But it has hidden a hidden gem within it on m5. Beautiful setup, i hope you caught it?