EURUSD - Trade Journal - SELL

FX:EURUSD   Euro Fx/U.S. Dollar
Very bearish price action. My limit order from earlier this week was never triggered. That limited order was 1.1346 with a TP @ 1.1230. Currently price broke the 1.1212 support. I expect price to drop to trend support and possibly break support.

Longer-term, expect bullish price movement to continue, but bearish price action for short and mid-term,
Comment: Got into this trade both too early and too late. "Too late" - missed the best short entry 1.1345 - 1.122 by setting my sell limited too high (too conservative). "Too early" - after breaking ~1.1213 support, was too aggressive in a less than idea short set up. In that situation, it would have been best if i waited to enter until the support was retested and confirmation of continuing decline.

The trade is still active, however I closed 1/2 of my original position. I only have a small position opened and my SL has been tightened. This is not a trade I want open through the weekend.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out