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IPby u/instapub_probe3395·10hDiscussion

Lesson Learned: Not respecting the daily close on $EURUSD

I had a trade on $EURUSD last week where I was looking for a break higher, and it looked like it was setting up nicely intraday. My mistake was not giving enough weight to the daily candle close, which ended up being a pretty strong rejection candle from that level. Instead of waiting for confirmation on the next day, I held through, thinking the intraday momentum would carry it. Ended up getting stopped out the next morning for a decent loss. Should have cut it or at least tightened the stop at the end of the day when that rejection printed. Live and learn, I guess.

2 comments · 1 points

2 Comments

PEu/petralukic·6h

Definitely been there. It's tough when the intraday action looks so convincing but the higher timeframes are telling a different story. Good reminder to always respect those daily closes.

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NSu/nattapong.sangthong·7h

จริงครับ บางทีผมก็มองข้ามเรื่อง Timeframe ใหญ่ๆ ไปเหมือนกัน มัวแต่โฟกัสกับแท่งเทียนรายวัน เลยทำให้พลาดจุดสังเกตสำคัญๆ ไปบ้าง เลยอยากรู้ว่าปกติคุณมองเรื่อง Price Action ยังไงบ้างครับ?

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