example of retrace to 8ema, just look at the last two trades people are talking about eur/chf and eur/cad. ........
eur/chf you would have entered half your pos at start of new candle after signal 1.5240 and take note how the second daily candle retraced to 8ema and you would have entered the second half of the trade at 1.5281 curently as i am typing the price is 1.5245. do the math and you would be 31 pips up instead of -10
eur/cad entered half at open of new candle after signal 1.6589 and take note how that first candle shot up to 8ema so there for the second half of the trade, the entry would have been @ 1.6711 wow that is 122 pips away. now the price is 1.6630. if my math is corect you would be 41 pips in profit instead of -82.
also if you look at the entry candle on the eur/cad daily then drop the chart to 4h frame, you would see a signal for long (as my hedging explanation) and would have made 120 pips the opisite direction of your daily trade.
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