EURUSD - SHORT

14 May 2024

Idea for EURUSD
(SWING POSITION)

Entry: 1.07901 (or 1.0800 Optimal)
TP:1.06500
SL:1.08575

15 May 2024

İşlem kapandı: durdurma seviyesi

Stop Reached.

Reflection:
- Technical Analysis was not enough to make a trading decision on.
- Fundamental Analysis needs to be coupled with technical to inform a decision.
- Correlation with other pairs or commodities should be a considered (Gold/USD=Negative correlation) & can be used as an indicator for price direction.
- Day of the week should be taken into account, (Mid-End week price moves can be significantly higher)

Lastly Follow play and stick to rules...