Euro is dancing on 1.56 now... I'm curious if return back to the channel is the valid long... Watching it.
your entry was ok - but if you look at that on a tick chart you're gonna feel real, real dumb It was a reversal That's your next fine tuning goal - turning your current losses into profits but little by little you have to see and react almost without using your brain
wanted to see how you'd call that - you got your entry spot on - this was the pros kicking you out you need refined tools
Yes, I now see that failure of that long was automatic good short.... Will study to see things faster by using better tools and more automatically. Every second of thinking in such cases can cost a missed good trade. And BTW, another case of PP (S1 this time) being so nicely respected.
here's why I said you'd feel real, real dumb! I too took the long but reversed short to get a nice profit and then reversed long at, well you should be in there too. Now is this a no-bariner warning or what?