EUR/USD Beginner Level trading

TP smashed. I am up 17 pips today. Funny enough my first short trades all failed but my second set of trades were successful.

Today was a bearish day for eurusd

excellent trading bro. what surprises me about your strategy is that you don't consult higher timeframes but you still know how to forecast the direction of the market.

I am long on eurusd with 5 pip SL and TP target of 1.1675

EUR/USD closed below the 200 day MA yesterday

There is a general risk-off sentiment in the market especially after Trump's visit to China

Agreed, but let's see the data. Markets are mixed post-summit, US indices near records on tech strength, while Chinese shares dipped on trade uncertainty.

I closed this buy trade at breakeven then switched to sell (blue circle) but also closed t at breakeven when price started rising and I wasn't on seat to exit the trade

Is that 200 day moving average?

Yes it is the 200 day SMA

The London session has started and I just took two short trades on eurusd

I got stopped out and I entered again (my last stop was too close to entry) my bias is still bearish. The data shows sufficient OTC open interest at prices below the current eurusd price so I am bearish. this will be my last trade for the London session, if I get stopped out again, I will call it a day because my loss limit would have been reached.

I switched to a buy and was able to make some profit, I am done for the London session.

There is a eurusd expiry at 1.1650 that seems to be drawing price upwards but I guess after price gets to 1.1650, it will drop to 1.1600. However, I am not gonna stick around to find out, its way past my trading hours for currency pairs. I will come back during New York to trade Indices.

Price has now gotten to the 1.1650 expiry so I am expecting it to fall towards 1.1600 during NY

I am short eurusd with SL above the lower Asian range and TP set around 1.1550

SL adjusted

I have closed my last set of sell trades in profit. I am not really happy with my performance today, i didn't trade with full discipline. I started the day off with a set of long trades at pre-franky but has to close them for a small loss during Frankfurt. I then went short but placed my SL too close to my entry and got stopped out again. I finally went short again during London and made some profit barely enough to cover the losses. Overall I am still profitable for the month and thats what matters.

I am down about NGN 4,000 today, will trade better tomorrow.

Well done boss, some days are like that. I noticed most of the losses came from the buy positions, seems you entered the market with a bullish bias this morning?