EURUSD Trade on Jun 21, 2022 09:35 from Raphmatty: Tradervue User Stock Trades.

Looking carefully on this past week 20th to 24th of june based on normal week calculations they are several things that occured on my main chart particularly.
They some that are based on my strategy of price at a significant p-p and so on.......... and some are based on my general observation about the price movement at a given time . What a notice on the week was that it was one of those week that the price wasn't going in a direction but doing much of ups and down

• Based on my price at a significant p-p 4/w system price made 2 clear trades for the week.

• At first price made an evening star on daily R2 and after price crossed 21ema on 5m and retrace there was an opportunity for entry and that made 92pips , i know i wouldn't have took all the 92pips because i was actually expecting 100pips.

• The second was a long wick hammer on weekly mid p-p and one of the indication of a classic hammer was how long the wick is. so, if i had thought in this way on the day it would have been so good for me in other to make a right and clever decision. and if i haven't exit my first trade based on evening star that would also have been good time for exit and another opportunity to go other way because of the classic hammer on 3om .

    The reason while i didn't take those trade
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Based on the one of Evening star the reason was ..... over market sentiment i had in my head looking daily chart , because price was resist at a previous low and eventually made double botton and cross the next S1 p-p that was close to it and hit it and bounce up again ... even as i can't read 4h well to get the meaning of what was going on i decided to bank of daily and my overall sentiment was uptrend and that's why i lost 2 times going opposite of the direction of this morning star on 30m . meanwhile that was the position i should haven taken.

• The reason for missing the second chance was because i don't want to lose another trade for the week and i am kinda of scared because i had lost almost 10% already on the previos 2 trade i made from the last trading day even as everything favour me and they couple of time i would have entered i chose not and eventually the price moved in my anticipated way and my 100pips target was realised at the end of the day .

        The 3 other one 
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price had made an hammer and there is an up trend in place on 30m for example price has been making high lower and higher high and with this a trendline was already established and they 2 contact including the 'origin' and the 3rd contact occured not only made a red hammer and not only that also another green hammer formed on the line now the real body bigger than the 1st one and from there the price move up and made 60pips before the Evening Star i talked about ealier .

2nd - was now officially my strategy price broke out of trendline this was connected to the evening star also mentioned ealier , the Evening star was actually the beginning of the move and to futher confirm that the trend was in place a trendline was broken on 30m and what i should have done on the day was to to look for 5m to confirm if indeed it met my strategy and it does not the day after the success break on 5m the price moved back to the trendline that was broken and formed a shooting star and that was entry for me , again i was weak because of i had just lost almost 10% and i am scared of loosing more .

3rd - There wsas a major support line from 4h that reflected on 30m , it was actually a support line on 4h while the price hit it 2 times and was rejected and on the third attempt the price was able to break through .... the this line authomatically becomes a resistant line on 4h and 3om. So,during this trading period price broke it upward again and with no time come under it again and made some sell downward like 95pips.

                                                     Conclutions 
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It obvious that i need to study how to compare my main chart with bigger timeframe in other to interpret correctly ... i noticed ordinary

i would have win some of this trade but my interpretation about the higher timeframe most of the time are always wrong and few times right
So, should i do way with it ? Capital letter NO but this just show how more work i need to do in this regard

• Again need to bring my risk reward ratio down like 2.5 % especially now that i am having a losing streak so as to not to put me in any kind of unneccessary pressure.

I need to know trade dynamics and sequence are different based on giving week for example week 1 price might be hitting different kind of available pivot on week2 price would touch it or even touch it no respect and still move well for someone who actually can make sense of what is going on in the market