EU trade idea
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DislikedHere I entered sell regarding the news. I know it was already " sold " but, as it is a USD trending day I was thinking, it should work out{image} Well, it did not, market did something else, a big move ( for the 1m chart ) into the upside. As I for 99% don't use a SL ( I don't know why I use it sometimes ) position was locked in to see what is happening... {image} Now I'm waiting for the next set of news... {image} So after I saw the green for the EUR... ( and the market did not react to the bad news earlier ) it should make the bounce...
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Disliked{quote} I have been there, lower your lots or use a stop for safety reason, the loss is unavoidable, if you are always winning that's not a good sign, the good manager is the one that takes the biggest prize. Don't forget always have a target!Ignored
Disliked{quote} I have only one regret: I should've stayed on my position! I recovered the loss in the next minutes; Lowering lots... I'm fighting not to increase them-> I just wanted to show how sometimes, market reacts to the so called info news! <- Thanks you for the kind advice
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Best wishes
DislikedQuick Daily Outlook Today, everything depends on what red news will provide. If bulls can keep price above 1.0866, this can continue higher along the anticipated zigzag channel! 1.0958 would be the main target for bulls. However, if bulls fail to protect 1.0866, a breakout from the current channel can give bears back control. All that said, currently, bulls have the upper hand and buying dips seems to be the safer option. BUT again: only as long as price stays inside the channel and above 1.0866. Best wishes{image}
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Disliked{quote} Kept buying from same place and price did bounce again. NFP plan: Hedging longs with shorts from 1.09, stop 50 pips. Done! Take partial profit as well. Target for shorts: 1.0810.Ignored