Hello everyone,
Daily analysis
www.tradingview.com/chart/sdmceixB/
The falling wedge and/or downtrend channel both have been broken upwards. This has been confirmed with a daily bullish engulfing (at EUR/USD) and a daily bearish engulfing (at USD). RSI and Stochastics have formed bullish divergence crossovers and the increasing green volume is confirming the continuation.
Main target: achieving the strong 23,6% Fibonacci (1,12893). Before that, the checking of 38,2% Fibonacci (1,11029) will take place.
Mistakes
After a bit more than two months of trading, I now see I made a lot of mistakes during my trades with the Greece noise around. In the future, I should close my positions before the weekends, during such events. I have learned from it and am still happy with the results!
Improving
With the noise of Greece disappearing, I feel fresh again and I am more confident about myself and am more disciplined than ever to achieve good results in life and while trading!
Take your losses, learn from it and be careful!
Regards,
Marco
Daily analysis
www.tradingview.com/chart/sdmceixB/
The falling wedge and/or downtrend channel both have been broken upwards. This has been confirmed with a daily bullish engulfing (at EUR/USD) and a daily bearish engulfing (at USD). RSI and Stochastics have formed bullish divergence crossovers and the increasing green volume is confirming the continuation.
Main target: achieving the strong 23,6% Fibonacci (1,12893). Before that, the checking of 38,2% Fibonacci (1,11029) will take place.
Mistakes
After a bit more than two months of trading, I now see I made a lot of mistakes during my trades with the Greece noise around. In the future, I should close my positions before the weekends, during such events. I have learned from it and am still happy with the results!
Improving
With the noise of Greece disappearing, I feel fresh again and I am more confident about myself and am more disciplined than ever to achieve good results in life and while trading!
Take your losses, learn from it and be careful!
Regards,
Marco