@Trader_Dante Tom, why weren't you worried about price reaching the multiples Daily wick (SR Zone) before Offer fill?
on EFL I saw you cancel trades because of this reason, even with a Bias, when market is coming to fill Entry but have already reached/ is reacting from a previous sticky point
@Trader_Dante@ThatTraderGuy_ I chosed not to enter there because, immediately after the thrust, next candle closed back above 0.7798, which was my sticky point to wait for a rounded retest below.
@AllenTrades@Trader_Dante It is a fundamental truth that we make money by not losing it. Jim Rogers' following quote fits here: "I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime." It's hard to argue with that.
@Trader_Dante Nope, I watched the recording this morning. I see the 1H bullish Engulfing, but the next candles were a ShootingStar and a thrust in DD that closes below 155.64 Daily level too, wouldn't that get you out on the potential Long at the 1H lhpb of Engulfing?
@Trader_Dante Did you entered at 128.36 on 1h lhpb? Because Frankfurt open didn'open above .40 sticky point, so i waited for a clean break-up, but market did just chop untill usRetail Sales.
@CapitalPundit@Trader_Dante@ymdarq should track the outcome of those around news, but in my view the market is already overextended and the bid is at major levels with also a large stop
@MeharBhogal@Trader_Dante GU Weekly is in the middle of chop and, most important, Engulf does not have clear target like the multiples lows on AU. It's not an A+ with an inviting target.