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NunoMFerreira
Mar 21, 2018 6:13 PM

EURAUD Short 4H Short

Euro Fx/Australian DollarFXCM

Description

Hey,

I just put on my first real money trade! Yes!

I missed a few trades in the past few days because I'm getting very nervous about entering and I always want "another confirmation candle" and then I was just seeing the market going without me with a huge candle, getting pissed and harming my psychology, and thinking now I don't want to get in because I don't want to chase.. So basically I was kinda in an paralysis by analysis situation.

Anyway I finally said screw it, let's do it even if with a little kid's position to start building confidence and a trading performance journal.

  • Trade:
    EUR AUD 4H
    Swing Trade with break of SMA with strong bearish momentum
    Hit a local flipzone area but didn't break it though I figured that with such bearish momentum the break of SMA would suffice


Let's see how it turns out. What do you guys think about the setup/entry?

Cheers

Nuno
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