EURUSD Only - Page 1405 @ Forex Factory

Fibo Quantum


EURUSD Only - Page 1405 @ Forex Factory

Imho the only we can do to prevent stop loss hunting is to proper place stop losses.

EURUSD Only - Page 1405 @ Forex Factory

This means above actual LH’s going short and below HL’s going long, this means only above / below the one’s that produced a NSL or NSH afterwards. Between those two points this is only more complex correction and should be threated as such.

EURUSD Only - Page 1405 @ Forex Factory

This is just my system rule. This means for the next entry I’ll be looking for short between the latest NSL and the LH, this means stop loss above 17578x.

EURUSD Only - Page 1405 @ Forex Factory

Just a tip, you trade your own plan, but maybe it can help. Putting the rules on paper and doing it consistently will remove emotions, you know exactly what you need to do.
Fear of missing out and revenge trading are number #1 reason why traders lose money.
It’s the truth that you don’t have to know what the market is going to do next in order to make money, you have to get yourself under control and follow your rules. Price prints NSL, look for shorts, price prints NSH, look for longs. You can decide to go counter when you see a REASON (I like harmonics) and in the case below I would have gone long at C and moved S/L to B/E at MAP, meanwhile not touching my S/L when I took short.
Only more evidence on a working system.

EURUSD Only - Page 1405 @ Forex Factory

Grtz

EURUSD Only - Page 1405 @ Forex Factory

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EURUSD Only - Page 1405 @ Forex Factory

EURUSD Only - Page 1405 @ Forex Factory

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