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I had a few trades today on the NQ again. I'm tiring to figure out my entries, they have been either early or late. The area's I've entered are good but again execution is not. I also need to not fight the trend.
1.3115 is the key area to hold for any upside movement. 1.320 is holding bias down. Shorts off 1.32 are
ok but counter trend watch 1.3115 to hold if short. If we break 1.3115 there is a lot
of room to the down side.
I had a good week on the Euro; I traded my prep and had pretty good results. I'm taking trades in areas with high R/R and cutting my losses quick. I will post some of my other trades this weekend, I have them saved on another workstation. Thanks
The Euro final broke upward bias at 1.3365 and should final corrected.Area's for possible hold for corrections 1.3200 50% of last leg and 1.300 is full Bid to Offer. I will look for shorts if 1.3350 holds covering at 1.32.
I had one small trade yesterday. I'm on vaction in Cozumel and their internet conection is slow. I will post my prep today but I will not trade until I'm back in the states on Monday.
We made it down to 1.32 and held bias yesterday. Today we could see a bounce off 1.32 and retest of at least the Micro Bias at 1.3260. If we retest the 1.32 level and can't break it after testing micro bias then I would look for the Euro to retest the highs. If we retest 1.32 and clear it with a good thrust to the down side then I would look to retest 1.3.
I'm looking for longs off of 1.32 with covers at 1.3260 , 1.3360 and 1.35
I'm looking for shorts at 1.3260 and 1.3360 with retest failures (failed continuations).
Today is a travel day and undisciplined trading day. I made a little bit but could have made more if I followed my rules. My first trade was ok but I forgot my stop and let the trade get away from me. My second trade was early and I got stopped out. I then had to re-enter for the only good trade of the day. Then my first exit was early, the second was good and my runner should have been left alone.
No good trades today, I had a breakeven trade and a mistake getting out of another trade. A little messy trading this week, I need to clean things up. Today the Euro was extended and never moved after 8:00am.
The euro continues down with 1.3150 area holding over night. I would expected the Euro to be range bound to lower today. The Range 1.3100 to 1.3165 and a clear break of 1.31 and down we go.
Today I had a alright day, I need to take the risk and stop trying to save a tick or two. I also need to stay by my computer or take my Ipad with me, I missed a great opportunity (the only good trade of the day). My prep was dead on today.