2 trades yesterday...
XTIUSD
Losing trade on oil
Bearish CE at bearish channel resistance and horizontal resistance. Moving averages were bearish.
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EURNOK
50% closed for profit at horizontal support
50% still open - following the trend with a positive swap rate
Bearish PPB at trend resistance, previous horizontal support and the moving averages
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I notice that you took EURNOK with bullish MAs. I've seen this a lot, when looking for trades. There are good set-ups, but the MAs lag, (as expected). This is a classic example. If you'd waited, there wouldn't have been another signal. Instead, you've caught the downtrend early.
Does this mean Trade per Day trades are likely to be more flexible?
@ oil trade, price was above the MA's but indeed bearish. This is considered a valid setup... just to confirm :) thanks in advance.