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My decision or a week long trade in the EUR/USD for October 21-26th 2018

 
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clabaughmike25

My decision or a week long trade in the EUR/USD for October 21-26th 2018

So  because I have been struggling I decided to do my Top down  analysis, 

I started with a monthly chart  and worked my way down to a 1 day chart.

this is my decision for my first attempt at a 1 week trade, I am also doing a trade on a 1 hour chart with the same Open and S/L different T/P.

 

1 week.   Open @ 1.15170, S/L 1.14140 and T/P 1.16200

on the daily chart, Open @ 1.1570, S/L 1.14140 and T/P 1.15930

I am taking these trades based on a 3 bar reversal on a on the daily chart, the candle is bearish and because it closed 2/3 above the previous candle.

 

thank you for any help or advise.

thank you

Fri, 10/19/2018 - 11:11pm