A lot of opportunity was to be earn this week. I was too busy with my new apartment and too exhausted to trade. So far this was the only opportunity i had last night before the NFP. But the plan didn’t get filled so I cancel the trade as the price was unable to reach the demand I plot on. It missed by 4 pips.
Base on the Hourly chart point and figure here how the demand looked like.
And so the order didn’t get filled.
So what would I do about that if I can get any during the day… SIMPLY don’t push it. Don’t even chase it. Now I now that 1.3730 is a big supply on the weekly chart. The possibility of that price might turn to a down trend for a massive correction is nearby. SO best to wait or look for any fresh supply next week to trade on. We might hit a brick wall on this trend.
Almost there… Selling into EUROphoria….soon. I’m sure some traders are very well happy out there from this week , so there will buyers into the supply which are an easy prey to sell them…
Happy Trading everyone!!