EURUSD: Review!!!
So, as I trade this par, doesn't move much, but we see an interesting data that maybe EUR/USD it's in the distribution zone to sell and the movement it's preparing this consolidation to drop. But well, I'm not bullish, I'm still bearish as I made analysis on this week, as I closed up this short position that I got 1.44% earned in this trade. And before of this 3rd trad, I got in two trades 6.89% loss. But as least as I make a small recover of 1.44% earned. So, I reduce my loss in 5.45%. But this trade was very similar like USD/CAD when I made a review yesterday, I will share the some fell point that I found out into my trading experience.
Now, as I hold up 22.02% in this month, so I will discount 5.45% in the monthly ROI that I have in my hand. that my result still hold up 16.57%
So, first to talk about this trade. When it's suppose that hit my Stop Loss in my first trade, I can to prevent to enter in my 2nd trade and don't trade until analyze very well the analysis as I enter 2 times and those 2 times hitting my Stop Loss and suppose that if I made an analysis in my first trade as my second trade, it's better to wait that this analysis develop their price action until I catch the smart entry. As i my first trade that I enter around $1.0321 USD and hit my Stop Loss in $1.0384 USD
This it's the screenshot in H1 timeframe, also, I can to entry to long until $1.0420 USD and I would gotten like 100 pips. But I can't to entry against the trend when we see in H1 still bullish, but in H4 spoke bearish and weak into the trend. But now, there're will be a lot option, entry to long as my first option or waiting that price action develop and then entry in the smart point to short position if I knew that EUR/USD it's bearish in this point.
And in my second trade that I enter around almost $1.04 USD and put the Stop Loss n $1.0450 USD and then hit again my Stop Loss.
What I most found out in this trade it's be a little more patience when it's talking about the market reverse with some observations that I made in USD/CAD. Also, when talking about when I knew for EUR/USD as USD/CAD that the market will move to the reverse, it's better to wait the formation of price action and be pending of all economic calendar that can to make soundless the movement.
Now, as I see that EUR/USD still bearish, we can to entry in this week and make an analysis to know where to entry in the smart point to short again
This it's all my review here!!! Also ,I share my new Daily outlook that I made!!!
So guys, in few words the only to work a little more analysis that it's about a market reversal it's being a little more patience to catch the smart point and draw the smart point in timeframes to get an excellent analysis and impeccable.
Now, as I hold up 22.02% in this month, so I will discount 5.45% in the monthly ROI that I have in my hand. that my result still hold up 16.57%
So, first to talk about this trade. When it's suppose that hit my Stop Loss in my first trade, I can to prevent to enter in my 2nd trade and don't trade until analyze very well the analysis as I enter 2 times and those 2 times hitting my Stop Loss and suppose that if I made an analysis in my first trade as my second trade, it's better to wait that this analysis develop their price action until I catch the smart entry. As i my first trade that I enter around $1.0321 USD and hit my Stop Loss in $1.0384 USD
This it's the screenshot in H1 timeframe, also, I can to entry to long until $1.0420 USD and I would gotten like 100 pips. But I can't to entry against the trend when we see in H1 still bullish, but in H4 spoke bearish and weak into the trend. But now, there're will be a lot option, entry to long as my first option or waiting that price action develop and then entry in the smart point to short position if I knew that EUR/USD it's bearish in this point.
And in my second trade that I enter around almost $1.04 USD and put the Stop Loss n $1.0450 USD and then hit again my Stop Loss.
What I most found out in this trade it's be a little more patience when it's talking about the market reverse with some observations that I made in USD/CAD. Also, when talking about when I knew for EUR/USD as USD/CAD that the market will move to the reverse, it's better to wait the formation of price action and be pending of all economic calendar that can to make soundless the movement.
Now, as I see that EUR/USD still bearish, we can to entry in this week and make an analysis to know where to entry in the smart point to short again
This it's all my review here!!! Also ,I share my new Daily outlook that I made!!!
So guys, in few words the only to work a little more analysis that it's about a market reversal it's being a little more patience to catch the smart point and draw the smart point in timeframes to get an excellent analysis and impeccable.
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