I took a short trade on EURUSD at 1.1868 levels with a SL at 1.1895 and TP at 1.1820. After going above 1.1900 for a brief period, the prices were in a range for a long time and then fell down closer to 1.1850 today and a subsequent rise back towards 1.1880. I feel it will not break this resistance and the only way is down. If the down trend breaches 1.1848, it could travel a lot down wards. I feel it is better to take profit at 1.1820 and initiate a new trade if trends confirm to take another trade.

I am not yet successful in my price action trades. figuring out how to get it right. My focus is to get my trading system right and stick with one system.
ترجمه به انگلیسی نمایش اصل

از زمانی که شما وارد سیستم نشدید،ما زبان انتخابی شما را نمی دانیم، انگلیسی
لطفا، به سیستم وارد شوید و زبان دیگری را برای ترجمه در لیست انتخاب کنید

– یا –