EUR/USD Beginner Level trading

I took some long trades. I was stopped out of the first set of long trades because i placed a tight stop, I got in again and was able to breakeven. I am done with London trading I will be back during New York

I think london today won't be favourable, marked my levels too but won't trade now till newyork

Just went long on EUR/USD with entry at 1.1457 and SL at 1.1453. TP target is 1.1550 where a sizeable EUR/USD option expiry sits.

The reason for taking this trade is because price rejected at the lower Asian range (yellow box).

I have closed that trade because the technical were not looking good, price rejected at a previous day's London session high & was going down instead so I closed it for a small loss. I am still within my daily loss limit so I have switched bias to short.

I have now taken a short entry at 1.1459 with 8 pip SL at 1.1463. TP target is now 1.1350

Holy cow! I got stopped out and price started falling in my intended direction. Let me check my equity, I might get in again

I just marked out my levels on Eurusd looking for sells from 1.14536 to 1.14599 it's going to be a conservative entry meaning I won't just take it at the 1hr order block level I will go down to the 5 min for more confirmation before taking the trade

Me I have gone short again at 1.1456 with a 12 pip stop at 1.1468. This will be my last EUR/USD trade for the day, I already recorded two losses. New York session is also starting in 45 minutes, I don't trust that NY session it likes to reverse London. So, once NY starts I will secure some profit if I am still in the trade by then

I have recorded 1 loss alone so now I want to wait for NY session liquidity sweep around that level I marked up (1.14633) if it sweeps and breaks down I will sell but if it doesn't I will allow it and trade gold for the day

EURUSD has started reversing to 1.14633 level as anticipated but I don't want that reversal yet I want it to reverse during newyork session proper so it won't invalidate my gold setup since they move together.

Bloodbath on EUR/USD today, I had to close my trades because the NY session had started reversing the direction of London

After I exited my trades the price now fell

Sometimes EUR/USD behaves as if it is being manipulated some things just don't make sense😂

https://www.mytradingland.com/news/ecbs-lagarde-central-bank-must-remain-agile-on-fafae3

This was the scheduled high impact news today for Euro.

And I was short with 4 positions, EUR/USD makes it hard to add to your winning trades especially if your account balance is not fat. It will just put you at risk of a margin call

Frankfurt is still the high of the day.

I had a buy on Franky open (first 15M of Franky was bullish at the Asian low), buy stopped myself out on the double test, because I was really not confident on the buy side, but still took the buy trigger.

My second trade was fade the Frankfurt on London open. I sold after the first 15M of London. I closed it for 7 pips.

I did not take any trade after that, I don't trade EU after that hour. But today is a choppy day for a Monday. Mondays are usually trending on EU.

By the way, tomorrow is the PMI day. Remember the playbook.

Yes the PMI playbook is that price will push to the nearest hourly high/low

Yes,
Don't try to be a buyer at highs thinking it's a strong trend it may go to the nearest low and same with the highs.

I have a feeling we are going to put a weekly bottom in EU in this week. Then later head for the move till 1.25.

The high or low formed at 7 am london time or frankfurt bar are formidable.

But you need to have a proper stop to prevent not getting stopped out. From my experience best locations are hourly high lows with atleast 8 pips stop. Once the trade moves in your favor move stop down or up.

Take a look at my chart today I got stopped out on both buy and sell on eurusd it was really painful but I will make a good turn tomorrow following my plan strictly

EUR/USD Post Mortem Exercise for 22-06-2026

Trade 1:

Trade 1 was a sell trade but I still got stopped out because my SL was not far enough.

Trade 2:

Trade 2 was where I messed up because I actually saw price reject at a previous London session high, but I stubbornly went short instead of buying. I regretted it instantly.

Trade 3:

Trade 3 was taken when the New York session was approaching, I planned to close it once the NY session started by 1 pm but the profit was too small so I chose to leave it open, I regretted it instantly again.

Trade 4:

Bruised from 3 previous losses I waited for the downward trend to pick momentum before taking another short targeting TP at the hourly low. This was the only successful EUR/USD trade for the day as I got 8 pips.