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Great trade, played it into a little bit of news but im not mad at it. Have read about 100 pages of a technical analysis higher probability trading book and man has it opened my eyes even more. The more you know the definitely more success potential you unlock for yourself. Great trade, watched the Volume rise with bar to confirm a strong move, also used SMA, and RSI to see when it could potentially rise due to the currency being oversold.

Not a bad trade. I traded because it was below SMA, just broke support line on decent volume. I also though it had only retraced slightly/pulled back in hopes to get in so that I can short given the right oppurtunity. Didn't work out in my favor, not a big deal. I went on the side the intermediate trend (Down). Took a decently small loss and called it a trade! Overall experience was good. One thing I'll do next time is wait for even high volume behind the candle stick that's breaking out.

Entry comments: Shorting EUR/USD because it gave me signs of a trend reversal. -Double Top -Divergence (CCI) Probably should have waited on candle stick to break through the SMA but got anxious and wanted to get in the position with the idea of capturing more pips than if I were to wait on SMA break through. Not waiting on SMA to trigger as another short indicator could come back to haunt me. We'll see... (Swing Trade)
Exit comments: Definitely do not like watching losses occur but its a necessary evil sometimes to help get through the learning curve. "Just paying my trading tuition". I called the trade off because it wasn't looking like it would move towards my ideal direction. Got out before taking a bigger loss, and realized that not waiting for the SMA to cross definitely butt me in the butt. That cross would have been more than enough confirmation to short the currency. I will continue to read, practice, and learn.
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