V1:T5_EURUSD Long_Strategic Entry_Faith in the process.

EURUSD Long. See chart for entry/exit. We want to get in when most traders are getting stopped out. Then right when shorts are getting excited. Faith in the process the trend resumes.


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Disclaimer: Your data may be different. |V1-T1 = Volume 1-Trade 1| Material is educational only. Trade at your own risk!

Trade active

Trade closed: target reached:

T1 hit.

Comment:

Trade closed: stop reached:

Stop hit on half the position. Break even...

Comment:

Equal and opposite sell signal on daily. I knew going into today I would have been better off being patient and letting the day play out. At least we broke even. Shorts are probably going to win for the next few days. As long as that daily low remains intact we are still bullish EURUSD. Bearish DXY.