EXPLANATION : This is a 15 min time frame chart of EURGBP . It has formed Descending triangle pattern , after seeing this formation I take it early entry and Sl kissed me . Price moves in opposite direction of my Analysis , Now what can I do ?? Respect your SL , No revenge trading , No over trading , Find another opportunity , No gambling . This all things keep in...
WHEN DAY OPEN WITH BIG BULLISH AND BEARISH CANDLE JUST LIKE TODAY WE CAN SHORT IT WHEN PRICE CROSSES THE LOW OF CANDLE BECAUSE IT LEAD TO TRIGGER OF STOPLOSS OF MANY RETAIL TRADERS AND HENCE IT LEADS TO BIG MOVE
IT IS PURE PRICE ACTION STRATEGY WTHOUT USING ANY INDIACTOR