That is what I call "feeling the market"
That trade was great for you. I didn't take it because I wasn't in from of the PC. You can notice that the RSI and W%R don't even touch so there was hope for a continuation
Here is the trade that I took few minutes ago and I got out flat even if I knew it would reach the target. I don't want to stay too much in the market waiting for profit. Many will tell that if I would have wait 1-2 more minutes I would have got the profit. Yes, true, but sometimes 1-2 minute can be fatal for your account si I rather get out and try another time. I hope other traders to understand my point.
Here is the movie I recorded for everyone:
too-long.avi
And yes, the last week was weak, very weak. The market is slow and the movements chaotic. I am looking at GBP/USD in H4 and Daily that that's the disrespect that "big guys" show to traders. Those movements show us that They Don't Care about you or anybody. Those movements eat your life if you don't stay out.
Thanks and Happy PIPpin' !
Quote:
Originally Posted by perfectsun
Let me post today's trade. At first I thought it went against me, I left position open, and then it shoot up to PT. I went away, other vise I would wait until the top and take more out of it. But so far, I am happy.
On the second picture you can see it went through my SL, but on real account was set even lower, all together 30 pips, so I was not kicked out.
Happy trading all!
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