Went to look at my chart at around 12 plus, saw some huge movement in the Euro... Put in some channel found out that it break the channel.
Zoom out, saw another high point, draw another channel.
Shorted at the red candle.
Almost hit my stop loss at 30 pips, but it went about 90 pips down...
Winning trade but................
I was corrected by my "teacher" that i actually "jump the gun" as there was no clear confirmation.... which is actually quite true. it was basically a gut feel thinking it might be a wash and rinse... i should have look for 1234 and other confirmation before going into the trade.
