Why Is The Obvious Not So Obvious?

now the tough bit..do i stay..or do i go.!!!!!!

 

my oh my..look at this

 

you can even watch both if you are still sitting on the you know what

 

so have a think..

why are you entering now

how much am i willing to risk

how much might i make

how long will i give it

what will determine my actions..the important bit !!!!!

 

you have already seen how fast things can change..which is why you should always have a plan..and always be in control..losses are part of trading..without losing "correctly" you will never make any money trading..don't mind the fools who talk about winners..the serious trader is concerned about losers..it is simple maths !!!

 

Your trade looked like a limit sell...(?!)
So you're out with a small risk or (back in) long?!

1.1981 was indeed an important level..!!

 

Does your level change; e.g with new highs or lows,
or is a new level created over time?

 

let's go back to the start..why are you trading EUR.USD..what broker do you use..how much can you afford to lose..what is the cost per round trip..what time/s are available to you to trade?

 

Here we go again. Whatever you trade :
1) draw a line
2) determine SL
3) determine PT

Both PT and SL must be realistic, depending on range
Range is depending on Timeframe
PT should be bigger than SL
Preferably PT occurs more often than SL

LN

 

Answers between your Q's: