A Noobs Journal - time to give this a shot

[samewise]

Good and bad last week. Caught some nice pips on EURUSD, only to have a couple other trades hit their SLs to basically bring me back to BE.

Sucks. One great trade, 3 losers.

Still watching EURUSD. Put a chart up for the Chart Art challenge here.

EURUSD Daily Chart

Well, looking how the day went, price moved down. It really started moving at 1AM ET, so I could have put a limit sell order at 1.070 to catch a move down. Could have caught 60 pips with the right TP. I’ve got a zone market out between 0.0688 and 0.0673. Recent lows go all the way down to 0635, so that’s almost 90 more pips to potentially move down. Haven’t touched down that level since Jun 7. So maybe a pullback and then move down? Let’s keep watching.

Looking at a short for now.