Tough Day… I took 2 trades, the first one it seems to be a good setup for a PP4 but I lost 46 Ticks. The second one was really a good PP2 with a profit of 52 Ticks. In total for today 6 Ticks.
Please, comment on the 1 trade, if I missed something or it was only a bad trade.
thanks.
Just looking at your chart, it looked to be a range bound market. I think I would have passed on a PP4. PP4 requires tight chop. Looking at the bar timer and the trend, I would have limited the possible plays to PP1 and PP2. I think you had a good setup on your second trade though.