I'm practicing the reasoning I would have to trade a specific direction for a daily Bias. Today, November 19, would be a sell bias. We've reached another resistance area that could not be broken and have a few daily lows that can easily break. Not only that, there have been some false breakouts aka "Turtle Soups" that have resulted in a short drop followed by a shallow retracement into an optimal trade entry. Seeing two of these in the same area within about a week's time frame would leave me to believe we would be selling off to break at least a few of those lows. I have it stopping around an Order Block to see what the reaction might be at that point. Keep in mind the are still equal highs above which it will want to break, it's all about the time as to when that will happen. Anyway, this is more of a journal entry than anything. But I am short, I just didn't get the entry I wanted but I'm confident it will move in the direction intended on this chart. We can only wait and see.
EURUSD
EURUSD
交易手动结束:
I got 20 pips and closed the trade.
评论:
Aye... still looking like it's going to be short now starting at 1.18800
You're either trading with Smart Money Theory or your just burning your money money. Believe me, I've been there.
