My order was at 1,7327 and the price came to 1,7326 and turned back. I deleted the pending short order, and I will try to open by hand, if I feel it right.
As I see, the price broke down the upward trendline on M5 time frame. And now, the price tests back the broken trendline. So I opened a short trade in the backtest at 1,7309. Perhaps the price will rise higher (1,7325) but I think that, that is better if I am on the market.
The price formed a head and shoulders candlestick pattern on M5 time frame, and my first opened trade is in plus, so I opened another short trade at 1,7290. The price decreased below the MA100 and MA200 on M5 time frame, so I opened another short trade at 1,7285.
My order was at 1,7327 and the price came to 1,7326 and turned back.
VálaszTörlésI deleted the pending short order, and I will try to open by hand, if I feel it right.
I opened the short transaction at 1,7317. And placed the stop loss order to 1,7397.
VálaszTörlésI closed the transaction when the price touched the upward trendline on M5 time frame.
VálaszTörlésOpened: 1,7317 closed: 1,7294 result: +23 pips.
I reopen the trade at 1,7315.
VálaszTörlésI closed the trade at 1,7296 result: +19 pips.
VálaszTörlésAs I see, the price broke down the upward trendline on M5 time frame. And now, the price tests back the broken trendline. So I opened a short trade in the backtest at 1,7309. Perhaps the price will rise higher (1,7325) but I think that, that is better if I am on the market.
VálaszTörlésThe price formed a head and shoulders candlestick pattern on M5 time frame, and my first opened trade is in plus, so I opened another short trade at 1,7290.
VálaszTörlésThe price decreased below the MA100 and MA200 on M5 time frame, so I opened another short trade at 1,7285.
VálaszTörlésI had to do some things, so I went.
And finally I closed the transaction, while I was travelling.
(My target price zone was between 1,7245 - 1,7239.)
Opened: 1,7309 closed: 1,7268 result: +41 pips.
Opened: 1,7290 closed: 1,7268 result: +22 pips.
Opened: 1,7285 closed: 1,7264 result: +21 pips.
And again: a pending short order to 1,7320.
VálaszTörlésI closed the transaction at 1,7301 result: +19 pips.
VálaszTörlésI take attention to the market untill now.
VálaszTörlésBut now, lets start the weekend!