EUR/USD Beginner Level trading

I have closed my shorts.

P&L continuation

P&L continuation

So, today i applied more of a scalping strategy because my account baance was low and I didnt have enough funds to sustain margin requirements for several trades. Thats why you will noticed I opened several trades and closed them early.

Summary of my trade execution today (follow the arrows)

I really don’t like scalping though. It’s takes a level of mastery to become a scalper. I envy your mastery 👍

EUR/USD pushing down agressively, today has been a bearish day for the pair but it is not surprising because looking at the daily chart, you will see the reversal to downside started yesterday

I have opened some short positions basically because there are some option expiries at 1.1900 and below.

I am expecting EURUSD to keep selling till that single candle liquidity is taken out and we can be ready for buys.

For me a close above the 1.2040 mark (0range line) will mean bullish sentiment

I received a margin call and the broker forcefully closed all my trades because my account baance was insufficient to sustain the losing positions.

I was so confident that price was going to drop toward the option expiry at 1.1900 that I went short with 5 positions causing the margin call. But i still beleive price will drop towards the expiries I am looking out for another sell signal.

Sell trigger spotted (blue circle) so i have gone short again with 10 pip SL

pls keep selling till my single candle formation liquidity is taken out.

ohh, alright

I had to close my short trades at break even. price actually dropped to the option barrier at 1.1900 but didnt maintain the downward move and reversed upwards.

I have gone long now and will set SL for 20 pips. Surprisingly, price didnt break out of the Asian low range today before reversing back up.

I just received another margin call from my broker and they closed my trade due to insufficient funds. I will fund the account properly to avoid this . Today has been a weird day in the market for me, with price behaving strangely. When price was going down initially I thouught it would break out of the Asian range (thats the normal playbook) but it didnt. Instead it reversed and went back up then I expected it to break out of the Asian high range but it hasnt. Now its going back down. Safe to say price is just trading within the Asian range today, the best thing to do is to wait for price to leave the Asian range before placing a trade. bad day at the office !

I'm bullish on this pair mainly because there are option expiries above at 1.1850 so my TP will be at 1.1850.

Price is falling instead of going towards the option barrier at 850. SL would have been hit if i traded