Reason: pin bar on D1, uptrend on d1 and H4, a very significant railroad
formation.
Cons: first bounce
Lesson: Put a SL slightly bigger to allow breathing room
Reason: Pin Bar on D1, and slighly bullish Engulfing
Cons: Just broke out the minor resistance.
Lesson : better to wait for a close above the resistance.
Reason: Uptrend on H4, pin bar, pin bar on D1
Cons: pin bar is not really bullish, and bigger bearish pin bar before that.
the emas not respected, price action a little bit sideway
Reason: pin bar on uptrend
cons: no bouncing on EMAs before.
Lesson: mentioned before, possible to trade and win even though rule not follow, but it will not have consistent result.
try to take a rest before talking another trade after a loss/win
Reason to trade: Pin bar on up trend for h4 and d1
Cons: Emotional too attached to the trade. No trade is 100% sure
Note: Please ensure the stop loss taken into consideration the spread
Reason : Pin bar on H4, D1 and H4 is on up trend
Cons : D1 is on small daily resistance.
Analysis : Looking back at H4 charts, the PA has not been respecting the EMA.