new trader utilizing trend momentum, flow
Have bias to believe that, as trend momentum has been broken, from upwards to downwards on the 4HR/1HR charts for the EURUSD -
but overall may be going long for the Daily and Weekly chart timeframes. I believe price may spike down and hit my levels colored blue for a overall rally on the Daily and Weekly charts. However, I would like to capture price going down on the H or 4HR in order to gain more experience with longer, intraday, type of trading, as I believe it fits my style more, and I would perhaps like to trade more often as in full-time. Risk is a conservative acceptable level for me.
but overall may be going long for the Daily and Weekly chart timeframes. I believe price may spike down and hit my levels colored blue for a overall rally on the Daily and Weekly charts. However, I would like to capture price going down on the H or 4HR in order to gain more experience with longer, intraday, type of trading, as I believe it fits my style more, and I would perhaps like to trade more often as in full-time. Risk is a conservative acceptable level for me.
Commentaire:
Was able to close safely with 2:1 profit.