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04 April 2018 - EURUSD

Todays trades were basically focused on the directions of the market. I had been long since yesterday. But once I found that it will not have the strength to move beyond 1.2315 I decided to close my deal at 1.2301.
Later I felt the market may oscillate 10-15 pips downwards. I initiated a short at 1.2302. It went all way down to 1.2288 but not any further and started to move up. So I closed it at 1.2292 and decided to stay clean till further clarity is available for any trades.
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My Trades for 05 Jan 2018

Most of the trades today were on the short side - EURUSD and GBPUSD. I was long on USDJPY. Couple of them was right initially, but later stop loss was triggered. But my reading of the market direction was correct and I am happy. May be the stop loss was triggered, but it saved me from bigger losses. It taught me what must be my expectations from market and how I should be waiting to grab that opportunity into a success. I am confident that I will be improving my trading skills and improve the re…
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EURUSD short2 (04 Jan 2018)

I took another short trade in EURUSD despite taking a hit in the first one. I felt that USD will again move toward 1.20 or somehwere closer. I looked at the chart and found that there is a big possibility of it moving down 50-80 points down.
Eventhough I follow technical analysis, my personal views are more important to me.
I went short 1Mill @ 1.20747 with a Take Profit target at 1.2015. Stop Loss is kept at 1.2100. I might take profit this time if it gives me more than 25 pips, as I have felt …
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