Got stopped out at BE... Maybe i really do move them too quickly.

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Sell 1.12326 SL 1.12526 TP 1.12026 On M30 it has closed below the low of the bull candle before the rounding top with a lower RSI reading. Suggesting possible down move incoming.

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Cancelled pending buy order, did not realize that ADP Non farm was coming out soon. Will wait for after news before making a new order.

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Pending Buy Limit 1.12352 (placed it 2 pips higher than usual as slippage already cost me 30 pips in opportunity cost today) SL 1.12052 TP 1.12652

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Moved SL to BE. If this trade works out i will be looking to buy at around the 1.1222 region if i see a good setup there. Got stopped out at BE.

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Sell 1.12386 TP 1.12286 SL 1.12486

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Hmmm i have my own system but i think this is a good call. I am cancelling my pending sell limit order. Thanks for the advice.

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Pending Sell Limit 1.12452 TP 1.12252 SL 1.12552 Will move to BE as soon as possible if this trade triggers. There is also the possibility of it shooting straight up.

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And Im not sadly, i think it was a slippage problem or something but it did not trigger. So now i am just watching my potential profits slip away Edit: Also, if i was in the trade i would have moved to BE +1 already since it has moved ...

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Pending Buy Limit 1.12149 SL 1.12000 TP 1.12452

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Hmmm what a massive bull push, i think it might reach up to 1.1246 where it will meet some strong resistance. I expect it to bounce from there and then do a retest of 1.1246. What happens after that will have to wait and see.

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Sell 1.11899 SL 1.11950 TP 1.18099 SL moved to BE and got hit, both of which happened almost at the same time. I am starting to wonder if i am moving them to BE too quickly. I have managed to protect my capital but i have not yet made anything aside ...

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BE got hit.

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Buy 1.111915 TP 1.12019 (i doubt it would reach it) SL 1.11915 ( was initially 5 pips away but since price immediately moved in my direction + counter trend trade i move to BE right away now its risk free)

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Thanks for the clarification!

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BE got hit. Will wait for NY open before taking another trade.

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No worries! Thanks for the reply. I kind of understand it. Basically you identify a trend on the higher time frame then wait for a counter trend on the lower time frame to enter? So you are waiting for the lower time frame and higher time frame to ...

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Moved SL to BE and moved TP to 1.11926.

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I am glad it helped, i myself am a relatively new trader and i found that focusing on key questions like these helped me a lot.

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Sorry to bother you, but if you don't mind me asking are you using 1 minute to scalp or is it a trigger timeframe thing? And if so isn't there a lot of noise there and why M1 and not the M5? I just would like to know as right now i am using only one ...

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