251189 wrote: Thu Aug 15, 2024 12:58 pm Dear Veteran XARD traders,

How could I have better avoided this bad trade, besides the point where CoOp mentioned that I could have waiting the BigSema to align?

1. SemaArrow Up - Became a blue dot
2. Triangle Formed - Was gone
3. 2nd Blue Dot - Is still there
4. Price closed green above EMA. - Literately the highest point to enter a trade

You could have skipped the trades by perhaps reading what I wrote about NZD yesterday. You cannot trade and ignoring fundamentals, but, even in the case you want to look only at the charts, watch below. The point I underlined is the arrow on M5 that you wanted to use. This is a 30M chart, completely bearish, the leg down is not finished yet. If you check other higher TF the picture is similar. Always trade in harmony with higher time frames if you want to get some success. Follow the trend, in this case you tried to go against it, hope it helps.