EUR/USD Trade January 8, 2018









Live Trade Overview

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

Today was my first day back in school :(…. So i am back to full time phone trading haha. Today i took a very clean trade on EUR/USD for a nice gain of 13ish pips in about 30 minutes… Good day.

15m Time Frame

My Entry:

I took my entries based off of the 4h time frame momentum. The 4h had just closed BELOW the 4h Support zone and Retested and started creating a wick off the newly found resistance (look below for chart). So i took sells after we closed BELOW the previous support zone (shown above) because we created a lower low. I had a few pips draw down. Thats all. I took profit in between my next periods in which i was up about 13 pips a positions.

4h Time Frame

How to Improve:

This trade was almost flawless, the only thing to improve would be to allow a single position to run for it had not filled my entire range i was looking for a move of. Other than that, great day. Hope everyone else did too.

Happy Trading!

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