Quote:
Originally Posted by pipvader
i took both of these trades yesterday and today, both stopped me out before moving in the direction i thought they would. i triggered of an IB in both cases, i would like to know if im doing somthing wrong. Or is their something else i should be considering?
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They look ok from where I'm sat.
You're looking to trigger in line with the dominant trend on the Cable, you identified a decent potential entry below that doji & your emergency stop would have been above the s&r junction. You simply got taken out on the price action volatility on & around the level.
Nothing much wrong with your preparation or execution, just one of those things!
I've annotated your chart with a s&r line to highlight the area & confirm that your analysis is well based.