Entered AUDUSD short. I was trying to get in on AUDCAD but it didnt pull back. I was considering AUDJPY but JPY is showing weakness - even stalking NZDJPY.
I'm feeling pressure to trade - i only have one in this week.
FOR
USD is strong
AUD is temporary weak
Copper is falling
Already had a lower high
Under the weekly, hourly, 4hourly ema
momentum building
indicator approval
AGAINST
Only just under daily EMA - touch under on the 15 min
very near to resistance
I FEEL PRESSURE TO TAKE THIS TRADE
STOP LOSS LOGIC
Behind 1hEMA
Behind candle with volume
ADDITIONAL
Ive sat in front of computer getting frustrated - i said I wouldnt do that. I already have 7% this week - whats the urgency? (I keep not taking good trades - 2 this week - so I need to be more confident).
I'm feeling pressure to trade - i only have one in this week.
FOR
USD is strong
AUD is temporary weak
Copper is falling
Already had a lower high
Under the weekly, hourly, 4hourly ema
momentum building
indicator approval
AGAINST
Only just under daily EMA - touch under on the 15 min
very near to resistance
I FEEL PRESSURE TO TAKE THIS TRADE
STOP LOSS LOGIC
Behind 1hEMA
Behind candle with volume
ADDITIONAL
Ive sat in front of computer getting frustrated - i said I wouldnt do that. I already have 7% this week - whats the urgency? (I keep not taking good trades - 2 this week - so I need to be more confident).
Comment:
I think this tussle between EMAs will make or break it - regretting the trade already
Comment:
Wow - who'd have thought it a trade took for emotional reasons didnt work...