EURUSD - SHORT: Trade Recap, 12/09/2024
Bias Analysis: Major daily swing was not yet in EPD and with consecutive bearish day within a trend lower and a previous daily close with a large wick to the upside the narrative was short. Trade was within 1H range to the downside and at 1H EPD.
Grade: Valid
What I did well or could've done better
- Followed the plan, observed both scenario's (long and short) and executed in line with my plan without hesitation.
- I should've however, stuck to the 4H FVG which was more refined instead of opting for the 1H FVG which provided a larger area for my criteria to be met. If I had stuck to the 4H, the HTF criteria would not have been met as price invalidated this before execution.
Grade: Valid
What I did well or could've done better
- Followed the plan, observed both scenario's (long and short) and executed in line with my plan without hesitation.
- I should've however, stuck to the 4H FVG which was more refined instead of opting for the 1H FVG which provided a larger area for my criteria to be met. If I had stuck to the 4H, the HTF criteria would not have been met as price invalidated this before execution.
Penafian
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