How lucky was that I did think for a little while it was going to be a repeat of yesterday with missing it by a pip

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Very touchy

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I didn't need to do any homework because I wasn't trading as you were, and I doubt I ever would, I was referring to the post you made yesterday morning here: url where you said you had a JSL of 20 pips set on that trade, thats all!

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So your 20 pip JSL on AU wasn't taken out yesterday?

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Just in case anybody is wondering where the top trendline comes from, its from the H4 chart.

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My internet connection died a few times overnight, back on a couple of minutes ago to find it had taken profit....just

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Give yourself this exercise, go through the charts and look for bars that the first candle has wicks both top and bottom and see how many of the engulfing bars engulf all of it by opening lower/higher than the previous bar.

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That example you're showing is more suited to stock trading because the open price is lower than the whole body and both wicks of the previous candle, in forex you will very rarely get that unless at a weekend. Take a look at the candle pattern pdf ...

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Thanks Heispark and yours wasn't so bad either I try to take into account something I read once from a brilliant trader on FF and he said something like the moves will be seen first on the lower timeframes but if the higher timeframes aren't ...

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I would usually do as Bizzle always says and wait for a lower high and in hindsight it would have been a shorter and better trade if I'd waited for it, but never mind, it got there in the end

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Think we took the same trade Edit: Added the m5 chart underneath.

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Perfection

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Nothing wrong with a good day.

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Now you see what can happen if you're not fast enough on the draw. Missed the tp by 0.9 pips then had to wait another 7 hours for it to reach it Actually the only reason I left it was because I already reached my pip target with the AU trade this ...

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It does look like a head and shoulders although the right shoulder doesn't have more volume than the left which is what it should have to be technically correct, but if it does work out I'm going to call him Mister no-neck

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I don't trade UJ but 50 pips is very small sl for the daily chart, and the trade looks to be at least a day late to me even for a bounce trade?

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Ok thanks, I was just curious.

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How big is your stop loss for the trade yesterday?

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I know what you mean. I have to see about 50 things going in its favour before I trade it

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+50 on AU at last Bearish divergence on H1, went in on break of inside bar when h1 made a lower high, tdi green bounced back off of red and h4 tdi started to cross as well.

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