Thursday 10th May

by 08:21 0 comments
Looking at my post yesterday it turns out I was wrong. I took a long position based on the hourly charts, it was in profit for quite a while, but several rejections of the 1.2978 area (high of the 4h zone) helped it to push down. I decided to leave the trade run over night but I was stopped out around 2:30am.

1hr chart, a 2BR entry into the 50% of the high volume move from Wednesday. Was up around 25 pips before those rejections I mentioned above.


5min chart showing the rejections at that price area. 

EUR/USD 5min



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


Post a Comment