Beating Alpha

iterating towards truth

Uncategorized

TRADE, EURUSD, 14.10.2016

TRADE SUMMARY: D1 coming into a demand zone. Doing a move that I wanted to see. Waiting for retrace at H1, getting in. Are 1015 – 0995 put out a good fight, defending that area. Bids were coming in through the day but not strong enough to surpass 1030's. Break beneath 0995 signaled one thing for me: it screamed, get the fuct out (zone of high awarness), the pair is just so weak! I did on retrace back around 1003

Good:

  • Good entry
  • Good management
  • Good size (yellow zone = 1/2 size)

Bad:

  • None

To Improve:

  • Remember to to have two plans: area of being WRONG and are of HIGH AWARNESS

Result:

-0.2R

SCREENS:

D1

H1

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