Ashwani,
Interesting analysis. So how do u determine on 25th Nov that it is lowest low. Its easy to say after the event has passed.
What would be your stop loss for such an entry. Why dont u take a future entry for analysis rather than past trades.
What would be an ideal entry for GBPUSD if you do not have any open positions now?
Regards
Raj
dear raj,first of all i welcome you to participate at this thread
second ,just go to my previous thread in commodity metal section,with same name,with more then 4100 posts and 125 k viewers
this is split of that thread
although answer of all your question is already there
but still read this post then raise question
but please without reading post don't raise question
your first problem answer:entry was taken on 29/11 and not 25/11-so on 29/11-it was clear 25/11 is the lowest low day
your second problem:current tsl of 9/12 last traded complete eod bar i have already given ,just read the post
your third problem:go a head with current stop loss ,i am going to trail this and rest 10 trades every day
all trade will open against your eyes at this thread,but keep patience
and read this thread ,just from beginning
it will help you to participate in a perfect way in this thread further.
thanks for participating-i need critics like you-but be sure i am always right
i will still be happy,if you will prove me, to be wrong, some time,but in a cultured manner thanks