I decided to short here. I noticed the bearish divergences (price making higher high indicator failing to make higher high) in the OSMA and stochastics. Initial Target 1.3445. I will then sell half my position and move stop to break even.
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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