Hi Div, The trigger bar was at 15:55. Did I do something wrong here?

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Thanks for the reply.

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I guess my first question wasn't clear. What I meant was if after getting into a trade, it takes a little heat, do you at any point try to get out of the trade early and try to minimize your loss?

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Hi Divergence, In the rare case of a loser, if you see a big candle in the opposite direction closing on the other side of the SMA, do you stick to your SL or get out? Also, is it advisable to take a trade immediately after a session opens, say ...

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Another divergence got out

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Thank you so much friend. You are right. A lapse in concentration on my part. When that bar closed and the next one opened the new bar reading was above 50 and I mistook that as the previous bar's reading.

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Hi Divergence, In the chart below, took the first one which turned out to be a loser, but was able to recoup my losses on the second one. I am usually quite cautious about putting on a trade within the first half hour of London open (8-8:30 gmt) ...

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Hi Jackson, Difficult to figure out the exact point of your entries and exits from your chart. Also, the last trade was counter trend. Make sure you understand the difference between trend trades and counter trend. Read Divergence's posts several ...

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Hi Laimonk, After the second HL we are looking for a new HH now, so we don't mark the HLs that come along. Trend is defined as HH-HL-HH-HL in that order, so after a HL now we are looking for a HH not another HL. The HLs that are not marked are ...

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You are welcome

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Hi Vince, The HL prior to the Last HH needs to be taken out. Hope this clears your doubt.

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Friend Jd, Although I disagree with your interpretations on the post you are referring to, I understand that you did it with good intentions. Hope answering my question didn't lead to your feelings getting hurt in any way.

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Thanks

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That is very funny. Div, hope I didn't annoy you with a lot of questions. Once again thanks for sharing this method. I had a very good week last week.

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Thanks Joel

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Hi Joel, Thanks for the reply. Can you please specify which area you are referring to as the swing low in your last post

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Let us wait for Divergence to clear this out. Joel, any comments about post #274

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Trend changed followed by a short trade. Hopefully, my interpretation is right.

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Just to add Vince, that level was applicable when you took the trade and now that the price has made a higher high after that, we have 1.0090 level as the new higher low.

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I think if the red horizontal line is taken out then we are in a downtrend with the red arrow being the last higher low, but I am no expert. We will wait for Div to comment.

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