The 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 :)
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 :)