20 backtests per day! until my eyes get used to the flow of the bars.
WAIT WAIT WAIT. you're not missing anything. you just need a strong evidence that it will fall. Next week will be an amazing week.
Get out of trade when you think you started to fell anxious.
Exploring different ways of trading so that I dont have to stick my face the whole day in front of the monitor, jittering, sweating... lol. But, yeah, I failed on this one. But I dont regret it even if it went to my way afterwards. Because what if I did set a bigger sl, and the supposed pullback continued going down and I wasnt watching the chart. Risk management...
Manage your trade. No confirmation, get out from it. Even if it goes your way afterwards, always protect your profit!
So, I realized that it will retest the support. so, even tho it is very risky, i entered this trade. I think I should be cautious whenever I enter a trade that has already departed hahaha. Luckily I still got a reasonable profit. I dont think I would do this again. haha
Entered this trade during market open. I now moved my sl 1pip above my entry. It's now ranging so i will wait and be patient. If it reaches my tp, will move it to tp2 (blue arrow) because i am thinking that GU will continue to fall down this week and this is just a pullback.
trying swiss currency cos they have bigger pip equivalent. but bigger spreads as well... but worth a try
there was some strong rejection on the resistance, so I think it will continue to go down