I waited for the retest this time. I will move my stop up below the 200 SMA (red) once it is broken. I moved my stop to break even shortly after the 21 EMA (yellow) was broken and retested.
This blog will discuss my interpretations of the technical's and fundamentals of the EUR/USD, and some of the psychological challenges I experience as I make and maintain trades. I, like many other traders out there, am always looking for new tools to assist me in becoming an even more consistent and profitable trader. I hope this blog will help me and other traders to do just that.
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