I missed a few trades in the past few days because I'm getting very nervous about entering and I always want "another confirmation candle" and then I was just seeing the market going without me with a huge candle, getting pissed and harming my psychology, and thinking now I don't want to get in because I don't want to chase.. So basically I was kinda in an paralysis by analysis situation.
Anyway I finally said screw it, let's do it even if with a little kid's position to start building confidence and a trading performance journal.
Trade: EUR AUD 4H Swing Trade with break of SMA with strong bearish momentum Hit a local flipzone area but didn't break it though I figured that with such bearish momentum the break of SMA would suffice
Let's see how it turns out. What do you guys think about the setup/entry?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.