Quote:
Originally Posted by keitsuke
Stopped out.
-29 pips.
|
A pity!
I know you are using your own system.
I would not have traded that pattern.
It is better to trade only
green stars until you have more experience.
Stand by for the release of my 4 levels of candlestick trading,
Scalping,
Basic,
Intermediate, and
Advanced.
These are protected against such losses by using a
break even principle.
All the best with your trading.
As a protection, if you continue to have losses and it gets too much for you, then I recommend you adopt the
Basic method that I will outline in my thread.
I have examined your chart carefully.
You would have made a profit with my basic method, even with a red star!
A small tip for you :
When posting charts, use a higher magnification so that what you intend to show - the evening star - is very clear.
Then your entry, stop loss etc will be very clear also.
All those candles to the left of the evening star are really irrelevant.