EUR/USD Beginner Level trading

Y
@yokoyi - 4 months ago

I have closed my shorts.

Y
@yokoyi - 4 months ago

P&L continuation

Y
@yokoyi - 4 months ago

P&L continuation

Y
@yokoyi - 4 months ago

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.

Y
@yokoyi - 4 months ago

Summary of my trade execution today (follow the arrows)

Y
@yokoyi - 4 months ago

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

Y
@yokoyi - 4 months ago

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

H
@headies25284 - 4 months ago
Quoted - yokoyi

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.

Y
@yokoyi - 4 months ago

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

Y
@yokoyi - 4 months ago

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

Y
@yokoyi - 4 months ago

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.

Y
@yokoyi - 4 months ago

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

H
@headies25284 - 4 months ago
Quoted - yokoyi

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.

Y
@yokoyi - 4 months ago

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.

Y
@yokoyi - 4 months ago

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.

Y
@yokoyi - 4 months ago

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 !

Y
@yokoyi - 4 months ago

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

Y
@yokoyi - 4 months ago

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

Products
Legal
Connect

Disclaimer:

At MyTradingLand.com, we connect you with forex brokers and provide a community for traders. While we offer valuable information and resources, please note that we are not financial advisors and cannot provide personalized financial advice. Always conduct your own research and invest responsibly.

Community Guidelines: The MyTradingLand.com community is designed as a resource for forex traders, promoting respectful and constructive discussions. We reserve the right to remove any content that is misleading, abusive, or violates our terms of service.

Broker Information: While we may receive commissions or advertising income from some of the brokers listed, this does not imply an endorsement of any broker, nor does it affect our review process. Our evaluations are based solely on objective criteria and user feedback.

Always verify the regulatory status of any broker with your local financial authority, along with their terms and privacy policies, before engaging with them. It is crucial to conduct thorough research to ensure that you are making informed decisions.

Risk Warning: At MyTradingLand.com, we strive to provide accurate information; however, the forex market is highly volatile and can change rapidly. It is essential to verify any information before making investment decisions.

Please be aware that trading in forex involves substantial risk, and it is possible to lose more than your trading equity/investment capital. 70-90% of retail CFD traders incur losses in their trading activities as per information from various brokers.

You are solely responsible for your use of MyTradingLand.com and any trading decisions you make. We encourage all users to educate themselves thoroughly about forex trading and to consider seeking advice from qualified financial professionals.

Advertising Disclosure: We may earn commissions from recommended brokers, but our reviews are independent (not influenced by potential earnings). Sponsored content is clearly marked and doesn't reflect our views.

©2026 ©2025 All rights reserved Mytradingland.com