Trade 34 – NZD/EUR

111.pngEntered at the break of the corrective TL. Turns out, too early, trend line needed to be adjusted.

Mistake: Price hasn’t really pulled back yet [1] Haven’t reached the indicated level where the LT-SMA resists [2] A proper corrective trend line hasn’t formed.

0.75% capital risked for potentially 2R

Entry: 0.6494 | Stop loss: 0.659 | Target Profit: 0.63

Psychology and emotions – Currently overtrading. Will work on how to fix the whole situation.