Disliked{quote} Morning traders, Just to post an update on EUR/USD. As I mentioned in my previous report EUR/USD opened below the last week value and there were high odds that price will try to back into the last week value and POC. I am targeting 1.3386 but I will consider exiting at POC (1.1367) if is needed depend of the price action around. So much of the trading is about art but with the back up of the valuable knowledge and experience. My previous report is the sample of how the reports will look like once I finish the website. Also, if you think...Ignored
Just update on EUR/USD. I closed position at 1.1370 and took 2:1 RRR (+70 pips). Again, as you see, the market behave exactly as we planned and I was right about reversion to the mean type of trading. A good trader must be able to trade both markets sideways and trend. This position was trading in the sideways market...
Even I exited EUR/USD, next upward references are set at :
1.1389 VAH and 1.1443 WH
Currently, today is building overlapping to higher value relative to the previous day and higher POC. Risky for any kind of selling. Anyway, I finish for now trading on EUR/USD.
Feel here to ask any question or comment >
Best Regards,
Petar
"Buy on fear, sell on greed !!!
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