EUR/USD Beginner Level trading

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@yokoyi - 1 day ago

Today was German PMI data release day, the playbook was price would push towards the nearest hourly high or low and reverse. That's what we saw happen.

Currently, I have opened a long position with profit target above the Asian box

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@yokoyi - 6 hours ago

Just went long on eurusd after price broke out of the pre-franky high range (upper blue line). SL is at 1.1367 and TP target is at 1.1395

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@yokoyi - 6 hours ago
Quoted - yokoyi

Just went long on eurusd after price broke out of the pre-franky high range (upper blue line). SL is at 1.1367 and TP target is at 1.1395

Got stopped out for a small loss, now I have switched bias to sell because a bearish engulfing pattern formed just above the pre-high. My SL is above the bearish engulfing pattern and TP target is at 1.1320

K
@karbin - 5 hours ago
Quoted - yokoyi

Got stopped out for a small loss, now I have switched bias to sell because a bearish engulfing pattern formed just above the pre-high. My SL is above the bearish engulfing pattern and TP target is at 1.1320

Honestly, it is a crap touch & go market. It does not even test the hourly highs completely. I had a buy at 65, went almost 10 pips, I did not take it & was stopped out for -2.

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@yokoyi - 5 hours ago
Quoted - yokoyi

SL at 1.1374 and TP at 1.1320

Just closed this for about 7 pips profit after I saw the bullish engulfing form below

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@yokoyi - 3 hours ago
Quoted - yokoyi

Just closed this for about 7 pips profit after I saw the bullish engulfing form below

Seems like another bearish day is in the making i reckon price will fall till around 1.13150

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