Probably not the nicest one I had, But it could have. I assume the strong demand was around 1.3295 . BUt that level got stopped out and it went lower at 1.3263 until it fiercely went back up. SO Entered long on Market order at 1.3280 and 1.3285. TP at 1.3312 because it was a previous demand that failed which in turn becomes a supply. SO I exit there for a +27 pip profit . The earlier trade got stopped out for -17 pip. So a nett +10 pip was adequate for my daily target.
BUt as soon as it drop towards 1.3263 and holding that price bouncing off sharp, I entered a long as per Bull Trend. Exiting at the Minor supply from a former failed demand.
What did I learn ?
Enter a market order for a baseless demand instead of a pending order.
What did I do best ?
I was confident and did not feel a thing when I got stopped out instead continue on focus to enter a long at a lower or cheaper price then before.
What should improve or change ?
Market order for baseless demand or supply.
What’s next ?
SLEEP and wait for another day for a new breakout at 1.34000…. when is it happening ??…