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I am aware that this could not reach my target ... if not I will exit at 17:30 CET

H&S on the 15M to short. I must have say, I missed it partially and only got in rather late ... not quite my day.

I have a target of 1.1727 in mind. Not so sure we will get there since this is the second trade according to my system and those don't always reach targets the same day.

So far not a great start: looking back this was not such a difficult day so far if I had interpreted my system to the T. My emotions started to act up and that messed things more up than it should. One flaw in my system didn't help either. I corrected that for now.

got out, I misinterpreted some things here, twice in a row that is. I am now short.

I shouldn't have shorted but should have stayed long according to my system. Targeting 1.1840 (this was my original target but got lead astray by some wrong interpreted price action). Mistakes happen, the only thing I can do is correct them.

and back to long @1.18144

yes, I misjudged this here, got out for -6 pips

you got to stay flexible in trading.

shorted 1.1807, let's see where this take us

long 1.1805 targeting 1.1811 and banked

Nothing much has changed as we start the Frankfurt-London session: still looking for long setups however I will be taking my profits at 1.1811 since that level couldn't be broken in the Asian session.

We should break 1.1811 in the Asian session to get us to 1.1840. Let's see with a bit of more than an hour to go.

The situation was different in the late eighties ... so much for sure systems ...

The recovery in the euro is gathering pace as markets are responding to the surprisingly hawkish comments from the ECB’s chief economist Peter Praet. In a speech yesterday, Praet suggested that the ECB could begin to formally discuss the winding down of the massive asset purchase program that...

Take a look at the Japanese stock market, they have been waiting for a new high for over 30 years now. So don't tell this kinda bullshit ...

At this moment I have a long bias for eur/usd. So I will be looking for long setups on monday. I will take profit on those @1.1840.

It's been a while since I tried this before (a total fiasco for that matter) but I am going to try daytrading EUR/USD again. I will be using the 15M and 30M charts mainly for that. I'll be using 1H chart on occasion too but more for context. I'll be using daily chart for context. I am using pure...

This image has nothing to do with the market structure. It just states you messed up in the past, didn't read the market right and didn't take the apropiate mesures when you were wrong. Hence the losses. So cut all your short positions and let the longs open since we are going to 1.1840. What...

I won't be impressed by your charts, there is obviously lsometihing wrong with them or you wouldn't be in such a mess. Look at the way I read the charts. 1.1774 was a daily level. We formed a 123 reversal on there on friday. The 4H chart formed a bullish engulfer. The weekly chart formed a...