Potential Long opportunity for EurUsd

5 Mar 2018

The EurUsd is in an uptrend, price got rejected from 1.2258 - 1.2195 support area (Daily Chart) with a strong buy last Thursday.

Price retraced slightly today and Pin bar can be spotted on 1hr timeframe rejecting from the 31.8% fibonacci level.

I missed the first Pin but price came down again with another Pin rejecting the first Pin bar's high, allowing me to get into the trade.

My position:

Entry : 1.2297
SL : 1.2220
TP : 1.2420


*** This information is NOT a recommendation to buy or sell. It is to be used for educational purposes ONLY. ***
*** I will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. ***

6 Mar 2018

Catatan

Adjust my TP a little higher as Pin was formed yesterday on the Daily timeframe.

New TP @ 1:2447 (just nice for 1:2 risk rewards)

6 Mar 2018

Catatan

Adjusted my SL to breakeven. So it is either a breakeven or a winning trade. Risk free!!!

7 Mar 2018

Catatan

I have lowered my TP to 1.2425 as EurUsd simply did not want to hit my profit target before coming back down.

** stick to 1 : 1.5

8 Mar 2018

Trading ditutup secara manual

Closed my trade manually with only 1r. Should have stick to my initial plan.

Looking forward to next opportunity and stay discipline.

My trade record since Feb 2018
+ 1.2r

27 Mar 2018

Catatan

26/2 - Eur/Cad (-1.0r)
27/2 - Gbp/Aud (breakeven)
5/3 - Nzd/Usd (+1.2r)
5/3 - Eur/Usd (+1.0r)