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Traderdarcy
Apr 8, 2019 11:22 AM

Short Short

EUR/USDOANDA

Description

Short

Comment

Risk 2% here stop 15 pips away going to be monitor this tightly needs to breakdown 5m structure and USDX needs to break up EURGBP at a br- and ECB later this week should punish this pair I will take a quick exit if i see any continuation as there is still one more high to be taken out

Comment

Something to be aware of is they might need to clean out EURGBP a bit more and take out LWH which could see continuation in eurgbp and bearishness on USDX

Comment

2% is probably over leveraged a little bit due to the stop but it will get cut quickly if it moves against me from here

Comment

Got distracted on a business call and noted the many times resistance was getting touched and it would fail but couldn't act up it as I was distracted silly mistake... should have taken the breakeven stop and re-entered on the final sweep of the remaining high

Comment

Still in the trade as i think after sweep the high we should see a fall in this and rise in USDX

Comment

1.26 round insto level has been hit and should have been my entry if I wasn't distracted

Comment

This was probably partially taken in frustration from a previous trade which is a trait that i need to work on heavily revenge trades are a big problem and this should not have been overleveraged, monday could be a good day to sit out as it's never been that good for me

Comment

A lesson to learn here is when price is looking like it isn't wanting to go down and making multiple touches against resistance it is going to get smashed through

Comment

USDX looks liek it wants to clear out it's lows so should have steered clear until they were taken out

Trade closed: stop reached

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