EURUSD Feb 25 Expanded rules and learning from todays trade
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EURUSD Feb 25
London session Macro
What I learned today. All major factors for a clean trade must be there.
-Price did not take previous days liquidity in a equal high/low. Its a higher risk and wasted mental capital. -No trading around the 50 level -No trading in the consolidation cycle or high resistance pattern -Study every session for patterns and possible set up to be created -Do not trade if I am hung over as was this morning! New rule -Be ok not trading every day, or come back to the next session and evaluate if your set up is there. -Ensure your fib is correct as well, I think I had it a bit off.
I do appreciate learning from todays mistakes. Money is made in the lessons I learn and the discipline to follow through on your rules and boundaries.