EUR/USD Beginner Level trading
I took a long trade at 617 after the bullish engulfing pattern was spotted
Today my first 3 trades didn't do well. Only this trade made a profit. I have closed my long position. Done for the day
I went short at 643 because the pre-franky session opened at the high and there are barriers below at 615 and 600
I close my short with 10 pip profit, exiting near the daily pivot point. I am done for the day.
Price kept falling towards the option barrier at 600 which also coincides with the september low, after i closed my short.
My SL was hit the first time i shorted and i entered again and i was stopped out again. I am down 10 pips. I am done for the day.
All my trades failed today.
Trade 1 was a short as I was targeting the reversal at the high but i got stopped out.
Trade 2 was a short as I expected price to keep falling.
Trade 3 was a double short but i got stopped out again.
This morning, price has been ranging around 616 level during pre-franky so there is nothing to do. I will wait for price to break the range.
I took two long trades; the first one was successful, but I got stopped out on the second. I am done for the day.
I adjusted my stop loss to secure profit and now the stop loss was hit but I exited with some profit.