DislikedWell chaps I haven't stuck to any particular plan today and in doing so cocked up my trading. I decided to go short eurusd earlier, I don't know why, it wasn't part of any particular method. I didn't like it so I chopped it for a small loss. I am now long from a fib I drew on recent price action but I've used respect of the 61.8 and 38.2 to validate it. I don't feel confident in this trade as I usually use respect of the 61.8 and 50. Maybe I shouldn't have hunted a trade and stood aside. I will see later as to how many lessons I have learnt today....Ignored
The bigger timeframes are controlling this move.