Long at 1.2425 target 1.2525 stop 1.2355. It may go lower, if it does I will add another position at 1.24 stop at 1.2355.
Stopped out on my last entry, for a loss of 14 pips, then my limit order at 1.24 was filled. For safety, I am starting to doubt this trade, it takes too long to move, I closed the trade at 1.2425 for a profit of 25 pips. Won't count these two trades. Still have one position open.
Added back one long position at 1.2425, moved stop on both positions to 1.2392, the risk reward of this trade made me change my mind. It is a good one. Now I'll keep my hands to myself.
Sometimes I feel like I am the one who is driving the market, enough bragging now!. I exited like a fool one position at 1.2465 for 40 pips profit; I shoulda woulda have stuck to my plan. The re is nothing worse than a lack of sleep for a trader; all my mistakes from shitty night of sleep, you become week and lose confidence in your trades. I am very happy by the way my predictions turned out. we rae very likely going to the 1.27 area before going down and cutting through the big support area of 1.20-1.22. When we get there we will load the truck. For now it is very likely that we get a range bound market going up. Target on the remaining position is 1.2525. Will reenter previous position if it comes back to my exit price. 13 trades, Profit: 560 pips losses 131 pips P/L: +421 pips. 9 winners, 4 losers.
Went back long a second position at 1.2464, stop still at 1.2392 will move it to 1.2412 tomorrow if we get a higher day.
Moved my stops to 1.2428. I may scratch the last trade. I don't like the way it is trying to break out, a lot of resistance, will wait this afternoon to make a decision. I will prepare to get short at 1.2540 if it breaks out, stop 1.258.
Put my stop back to 1.2392, there is a triangle formation on the 4 hours chart, will se how it unfolds.
Scratched the last position at 1.2465. I lost faith in this trade. Keeping one position on entry was around 1.2425. Thinking to reverse my positions and go short! Will wait a little bit.