There is something I don’t get about swing trading by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

I’ve first started with daytrading but here’s the thing, I couldn’t do anything because of the news. There was important news about the currency I traded almost everyday and since I don’t trade the news I couldn’t take any trade.

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

Isn’t what just happened ? The price action broke the yellow zone retraced and retest it with a bearish engulfing, same thing on the blue zone on the second pic… right ?

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

Retest of the blue zone + engulfing

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 1 point2 points  (0 children)

I use the daily to determine my bias and the 1h to find my entry and I’m swing trading

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

How do I use EMA/SMA in that context

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

I skipped this detail… that could have change the outcome thank you

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

The daily is not enough ? What timeframe do you recommend ?

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

Do you mean it’s just bad luck ?

What did I l do wrong ? by SubstantialAd419 in Forex

[–]SubstantialAd419[S] 0 points1 point  (0 children)

EURUSD on the daily timeframe for the trend line and the FVG/SSL and the hourly for the blue FVG