EUR/USD Beginner Level trading
I have entered another buy with 8 pip stop. I think today may be a bullish day if price manages to stay above the 918 level (slightly above the Asian range high)
Price is ranging around the 1.1910 option barrier, this may go on till the New York session. I have taken profit on one buy trade and opened another.
I have exited my buy trades with profit bexcause I sensed danger with price reversing back into the pre-franky range (around 1.1916). I will wait for price to close outside the pre-franky range before buying again.
I have taken another buy trade at 1.1914 after price closed outside the pre-franky range.
I have closed the buy trade at BE and my attention has shifted to selling as I spot a sell signal after price broke out of the Asian high range and reversed back into it. There are also a lot of option expiries sitting between 1.1850 to 1.1825 so a sell may push price towards these barriers.
This is my sell plan. I am waiting for price to get to 1.1906 before i short the market.