EUR/USD Beginner Level trading - Page 68

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@yokoyi - 1 month ago

I am short eurusd with SL above the London FIX

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@yokoyi - 1 month ago

Quoted - yokoyi

I am short eurusd with SL above the London FIX

Got stopped out

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@yokoyi - 1 month ago

I just took a short trade at the pre-franky high

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@yokoyi - 1 month ago

Quoted - yokoyi

I just took a short trade at the pre-franky high

I got stopped out of my short, only for price to move in my intended direction

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@yokoyi - 1 month ago

Today I took 3 long trades, Trade 1 hit SL, Trades 2 & 3 I had to cut losses early

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@yokoyi - 1 month ago

I am down around 2 pips after todays set of trades, not a big loss. I got stopped out of my first short, so I went long thinking price was aiming for the hourly high, however when I saw price falling I went short again and recovered most of the loss. I had to cover my shorts when price got to 1.1600 because the level has been acting as support for some days now and also because there is an option expiry sitting there. So, after price hits it, there's a high probability it might reverse and start going up.

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@yokoyi - 1 month ago

Quoted - yokoyi

I am down around 2 pips after todays set of trades, not a big loss. I got stopped out of my first short, so I went long thinking price was aiming for the hourly high, however when I saw price falling I went short again and recovered most of the loss. I had to cover my shorts when price got to 1.1600 because the level has been acting as support for some days now and also because there is an option expiry sitting there. So, after price hits it, there's a high probability it might reverse and start going up.

As I forecasted earlier, price has actually reversed back up. So, imagine that I didnt exit the trade at 1.1600 it would have been premium tears now.

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@maasai_princess - 1 month ago

Quoted - yokoyi

As I forecasted earlier, price has actually reversed back up. So, imagine that I didnt exit the trade at 1.1600 it would have been premium tears now.

But why is EUR/USD behaving like this lately? It hardly trends in one direction again

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@yokoyi - 1 month ago

Quoted - maasai_princess

But why is EUR/USD behaving like this lately? It hardly trends in one direction again

I think it is the season we are in, liquidity seems to be drying up. Nowadays I just look for 10 pips only

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@chris_4eva - 1 month ago

Quoted - yokoyi

I am down around 2 pips after todays set of trades, not a big loss. I got stopped out of my first short, so I went long thinking price was aiming for the hourly high, however when I saw price falling I went short again and recovered most of the loss. I had to cover my shorts when price got to 1.1600 because the level has been acting as support for some days now and also because there is an option expiry sitting there. So, after price hits it, there's a high probability it might reverse and start going up.

Its actually a win when you perform several trades and end up with only a small loss. Each of those trades had the tendency to blow your account if you didn't cut the losses early

@yokoyi

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@yokoyi - 1 month ago

EUR/USD has pushed upwards to the previous days hourly high

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@yokoyi - 1 month ago

Quoted - yokoyi

EUR/USD has pushed upwards to the previous days hourly high

Its clearer on the hourly chart, a break/close above 626 will be a significant milestone for buyers

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@yokoyi - 1 month ago

I was not available to take this trade today, but price just moved upwards towards the option cluster between 1.1600 and 1.1650

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@yokoyi - 1 month ago

Quoted - yokoyi

I was not available to take this trade today, but price just moved upwards towards the option cluster between 1.1600 and 1.1650

I am short with 7 pip SL

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@yokoyi - 1 month ago

Quoted - yokoyi

I am short with 7 pip SL

TP smashed

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@precious123 - 1 month ago

Impressive

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@yokoyi - 1 month ago

EUR/USD London session technical indicator setting on Exness MT5. Basically the timing is from the start of pre-London to the beginning of pre-new york. But, Exness MT5 uses a time zone behind UTC by 1 hour hence the 5 am start