EUR/USD Beginner Level trading

Price is moving towards the FIX, trade in progress

TP smashed

SELL 1.1402

SL 1.1414

TP 1.13822

Trade is now in profit

I am closing the trade and taking $4 profit, I dont trust this bullish engulfing that just formed

BUY 113845

SL 1.1382

TP smashed

Since this week, the London session has not been able to close below the 1.1382 level. This was why I decided to buy at 1.13845 today and place my SL at 1.1382

Eu unemployment rate data comes out by 10 am

We are in the Pre-Frankfurt hour, waiting on the Frankfurt session to start by 7 am. Already I have isolated the Asian range with the blue box and a breakout of the box has happened.

The Frankfurt session has started, I have marked out the high/low of the Pre-Frankfurt hour

SELL 1.1455

SL 1.1463

I am closing this trade and cutting losses early, I don't like the way the price action is looking. Mondays usually set the lows, so I am willing to bet that this Friday will set the high of the week. I will position for a buy

The market is still indecisive, I will wait for a bullish breakout before I buy

A close above 1.14691 should confirm buyer strength. Without acceptance beyond that level, the breakout remains vulnerable to failure and another range rotation.

BUY 1.1448

SL 1.1438

Trade in progress, up 7 pips

Closed out for $5

Indicator download link

https://media.mytradingland.com/prop/5869797965654rfhgu687897780.ex5