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Cadjpytrade

Buy on Support but wrong SL or TriggerThe 4H TF is bullish so I patiently waited until a pullback. Then I plotted support and bought when price touched it. Of course I didn't forget buying when the stochastic crossed on the lower TF (1HR) which was my trigger entry. Stop loss was set at -15 pips All that and I still got stopped out before price magically went my way. Nothing more frustrating sometimes. Maybe I should have set the SL wider or my trigger is wrong. Perhaps I should have waited until a bullish candlestick (That bullish engulfing two hours ago) The only good thing here is that my analysis was correct. I just didn't profit from it :)
Long
by jrebong
CADJPY: nice short opportunity on H4Hi Traders, This is my view on this cross for the next few days. #CADJPY SELL 87.021 SL 87.64 TP 85.72 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Thank You ——————————— Pietro from Trading Kitchen
Short
by kitchen_trading