You are currently viewing EUR/USD Trade January 3, 2018

EUR/USD Trade January 3, 2018





style=”text-align: center;”>Live Trade Overview

A Teen Trader is an educational Site Only. Risk what you can afford to lose.

Today was a relatively slow day, but i grabbed my wins and took off. The first trade i took was EU, this trade was an 8 pip win, with about a 6 pip stop loss. I took a smaller pip gain that normal because i did not get the exact entry i wanted.

15m Time Frame

My Entry:

EU had just shown major wick rejection/ exhaustion wicks (shown above) and created a support support zone. I checked the cahrts 3 bull candles after the support was rejected. and i entered a with a few pip stop loss with intentions of a move to the minor zone. Which happened a hour or so later. very good trade besides late entry.

How to improve:

How i could improve off of this trade is, i could have simple waited for the minor support rejection, for it would have given me a better probability trade. The trade i took wasn’t as probable of a win as if say i entered after the support rejection candle. Other than that. Great trade, great day.

Check out EJ trade i took today (here)

Happy Trading!

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