EUR/USD Beginner Level trading

Price is now returning upwards after hitting the 1.1850 option expiry

Today, price has broken out of the Asian range so I will wait for a reversal back into the range before I buy. Today there are option expiries sitting above from 1.1900 to 1.2000 so I am looking to buy and hold till those levels.

A buy opportunity presents itself and I take it, my SL will be 10 pips and TP will be at the option barrier at 1.2000 which i more than 100 pips away.

The trade is in progress, I will keep you updated.

I was stopped out for 10

Today, price has broken out of the Asian range so I will just wait for price to start reversing back into it then I buy

The reversal back into the Asian range has started so I am going to loo for a buy entry point.

I have found a buy entry point so SL will be at 1.1827 and TP at pre-franky high of 1.1846

TP smashed on this trade, I exit with 10 pips profit

Quick trade during the Franfurt session, I am short 793 with stop at 796 and TP at 790 because there is an option expiry sitting at 1.1790

I have adjusted my stop loss and take profit to i want to aim for more profit. I just saw there are more option orders stacked from 1.1790 down to 1.1750. So my new SL is at 1.1801 and my new TP is at 1.1785

I was stopped out on this trade, I think I entered this trade prematurely. I will look for another sell opportunity because I think price will still fall towards the option expiries sitting between 1.1790 and 1.1750

I am still bearish because of the option expiries sitting below so I plan to sell when price closes below 1.1792

If price keeps going up a buy may be possible but there is a strong tendency that the option barriers beteen 1.1790 and 1.1750 will drag price down.

I have opened another sell trade at 1.1799 with SL at 1.1808 and TP at 1.1785. Wish me luck

I have adjusted my Take Profit upwards to 1.1790 which is the major option barrier level worth 2.0 bn euros. I have a feeling price will reverse upwards after hitting this 1.1790 level.

TP smashed, I exit with 14 pips profit

My expectations were exceeded! Price is pushing towards the option expiries seated between 1.1790 and 1.1750

Today there are option expiries sitting above 1.1750 so i am looking to biuy if price rejects at the pre-high and is able to close above 1.1762

Price broke out of the Asian range low and is rebounding. I will buy if it is able to close around 1.1754. Remember we are looking at closes not wicks.