Sunday 19th June

by 22:08 2 comments
Bit slow updating once again.

Took a trade on Friday that resulted in a loss. Looking at it now it makes me slightly annoyed. I got this one completely wrong!

Trade 53 - EUR/USD - Sell @ 1.4138 Closed @ 1.4164 = -26

I entered short on what i thought was a no demand bar into a trigger. Turns out I was very wrong. I completely missed the volume that had come in a few bars previous. The bar that triggered my trade was actually a test of that trigger to go long. I was on the wrong side and was stopped out pretty quickly. Poor trade but another lesson to add to my arsenal.

Eddie 5min





28. Forex. Trading. Music. Beer. Food. Travel.