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![]() You might want to say, "I went long at 0.6425 because the H1 candle was green and lost". But if you really look, the LONG ENTRY was back at 0.6375 when price reversed... green H1 candle after 2 red H1 candles. You have to use a little common sense when trading. PRICE is NOT going to continue in one direction forever. If price has already moved 50 pips or more in the direction you want to trade BEFORE you enter, you may have missed the boat.
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"IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT." You are on the internet - If you (google) search for it, you'll probably find it. |
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![]() SEE GREEN CANDLE. SEE GREEN CANDLE AT 0.6400 GO LONG. SEE PROFIT. ARE YOU STARTING TO SEE HOW THIS WORKS?
__________________
"IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT." You are on the internet - If you (google) search for it, you'll probably find it. |
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![]() SEE GREEN CANDLE. SEE GREEN CANDLE AT 0.6425 GO LONG. SEE PROFIT. OK, I think I have proved my point. Any questions?
__________________
"IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT." You are on the internet - If you (google) search for it, you'll probably find it. |
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