EURGBP short trade on 4/12/24
Pre-Analysis:
- Trade based on H1 timeframe.
- Strength meter EUR = -5, GBP = +2
- Exit plan was to take this trade for 2R.
Entry:
- Entry time 4:45pm (London session)
- Immediate strength meter
- Stopped out.
- Not all pairs of EUR show weakness and also not all pairs of GBP show strength. Therefore it should not be taken.
- Very itchy hand to trade.
- There was something I learn from Jesse Livermore, "it never was my thinking that made the big money for me. It always was my sitting".
- Strength meter at the end of trading day
