EUR/USD Beginner Level trading
Got stopped out on some of my shorts but made a profit on one of them so basically it was a breakeven on those set of trades. I have shifted my bias now to buying with my profit sights on the 1.1750 mark where over 5k darkpool trades were executed this morning.
This one didnt work out, guess today is ging to be bearish for eurusd
I need NFP to stabilize this pair for me. The structure isn’t really clear for me.
The structure is clear based on my strategy, they were two opposite signals there was a buy and sell trigger at the same time) so I picked the wrong one. Normally I could have switched to sell if i wanted to because I saw the sell trigger which formed above the Pre-Frankfurt high
Today, there is a eur/usd option cluster between 1.1640 and 1.1650 so I have taken a buy trade with 20 pip SL and my TP is at the 1.1650 expiry
TP smashed on eurusd. The idea behind this trade is that price will usually push towards the option clusters first.
I am long with 20 pip SL. My TP is at the Asian high. I beleive price will push upwards towards the option exoiries at 1.1650 and PNT trades at 1.1700
I took a long trade with 30 pip SL. Reason for the trade is because price seems to be reversing back into the Asian range.
I am exiting and taking profit early because the NY session is about to start and it could reverse my gains.
Long on eurusd with 27 pip SL
Looks like you forgot to set your SL from what I see in the image.
Looks like you forgot to set your SL from what I see in the image.
I have set it now @kehinde
WOW! 27 pip SL is massive.
I don’t think it’s massive. I believe what is important is his risk to reward ratio for the trade. Also , I believe his stoploss is at his invalidation zone .