SimonVerlinde

EURAUD LONG

Long
SimonVerlinde Mis à jour   
OANDA:EURAUD   Euro / Dollar Australien
Monthly:
- Trading above significant S&D zone
- Potential Bullish M
- IC as S&D zone

Weekly:
- Bullish MS
- Bullish candle close
- Inv H&S + Bullish M + IC
- Buying zone

Daily:
- Bullish
- Inv H&S
- Lot of IC's also in this zone
- 'Real BOC' of bullish M is still valid

*Bearish MS in relief phase + IC is holding down the price and impulsive bears are present

4H:
- Bullish
- Inv H&S + Bullish M and IC
- Waiting on deceleration for entry due to heavy bears are present

*Possible limit at 3 AM
Trade fermée: ordre d’arrêt atteint:
Review:

W/
+ Pattern and bullish candle close

D/
+ Overal Bullish MS
+ Bigger Inv H&S with break
+ Clear daily buying zone with multiple IC's

- IC holding the price down
- Clear selling region where price is coming impulsively

4H/
+ Bullish driver
+ Bullish M
+ Smaller Inv H&S
*Daily Inv H&S is clear

- Impulsive PA from selling zone
- The 4H Inv H&S was not a clear Inv H&S due to S1 wick way below the head (clear to see on the 2H TF that it was not an Inv H&S)


Reason for the loss:
- No clear 4H criteria was matched
- Inv H&S that was taken could be a BE trade even tough it was not a valid set-up
- SL was based on the longest wick + 15 pips because of the "feel good" emotion, If I placed my SL under the 4H pattern, it would be a BE trade

W:
D:
4H:
2H:

Clause de non-responsabilité

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