why don't you "simply" trade an Asian index, if index it must be?nasei wrote: ↑Tue Jun 16, 2020 6:38 pmYesterday I died in the 500 index chasing the air, I need more examples of failure. As Asians, it is difficult to trade to the United States. At present, there is only a loss, and there is no one game yet. The trend always occurs in the early hours of my sleep. Send more examples!
as far as I can see: S&P 500 went up when Asian markets opened - so first it was a buy
only later did it turn into a retracement that - at the moment - still continues:
will it turn into a continuation trade or a trend reversal? At the moment continuation is more likely but - really - nobody knows until it happens (D1 is still up; H4 is still up; H1 retracement)
see: now - 5 hours later - we are in continuation mode (pretty weak, though, it might have very limited potential or MMO moves it along and we see a nice second leg). Had you stayed in your trade, you'd see green pips now.
So - either your SL was too close, or you panicked needlessly and canceled a valid trade.