EURUSD Trade on Jul 15, 2022 09:17 from Ninjon: Tradervue User Stock Trades.

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Ninjon

 

DETAILS
TP: 1.01304 (+$108)
SL:

INITIAL THOUGHTS
Price crossed above the 50 MA. 1h MACD and RSI in an uptrend. 4h MACD and RSI are in an uptrend but momentum is slowing a bit. Daily is just starting to arc and catch up. Previous candle showing strong price rejection. Broke through the channel a bit but it's reversing course. Next week should be an uptrend otherwise it would break the channel.

UPDATE
07/15/2022 11:12 PM, +$20. Market is closed but it ended positive.
07/17/2022 8:06 PM, +$42. Looking good. I think my TP will either hit tomorrow or Tuesday.

REFLECTION
TP was hit. At the time of writing this, price is at 1.0184 (+$215) Looks like there was more strength behind the move. I want to study more on how I could have moved my TP and capitalized fully on the swing. Maybe need to check the lower time frame candles and see what price action is saying.


Execution detail:

Date/time Symbol Side Price Position
2022-07-15 09:17:14 EURUSD buy $1.00761 long
2022-07-18 03:08:46 EURUSD sell $1.01310 0


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