EURUSD

EURUSD

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reduced trade by 10% because approach the daily 21ema

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Sl break even

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ive tightened the stop loss a little but I'm letting it run. I closed the EURCAD trade (which i never should have opened)

It was naive to think it was going to break the daily EMA - i could have had 90% of my target 24 hours ago if i closed just above.

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(But if i get a 4H close under the 4H EMA21 im closing

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im taking another 10% - i think i f**k with my trades too much...

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(there was strong volume on the push down 4H but it was rejected at 4H ema21). keep eye on volume

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

Target reached

I never doubted this trade for a moment... not!

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LESSONS LEARNT

As with ever other trade i make, im messing if it too much. The trade went exactly to my TP but because it did not go in one neat run of great bars i started messing with it. I need to let the trade breath and not be too quick to panic if it turns around. Remember WHY i am in the trade - if the why is still valid get the trade the benefit of reasonable doubt. Use the alerts to tell me when the trade is near a location to take a little profit.

All in all, good work john - account is up 7% (+0.5% from the idiotic impulsive EURCAD trade i closed - don’t over expose on a currency!?!)

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NEXT PHASE - i think EUR has a ljttle more to give after consolidation