( 4 pos in progress) week14 EURAUD H4T 13TL adapted entry, week14 ready for retracement

clearly EURAUD is trending down nicely

mentally, I was rehearsing for its entry on thrusday, with a possible false break from Draghi’s ECB. Perhaps over planning, but eventually the WR did not come. I was ready to showhand for this.

On completion of A trade checklist , I was thus mentally psyched to pump in $ to load up on shorts.

scoring 16/20, it was a green light GO for me.

week14 EURAUD h4 A trade checklist 040414

However the WR did not come and eventually I had to wait till 13TL to enter a much smaller pos size so as to minimize risk prior to NFP.
however this entry was aided by the observation that price seem to be stalling under a 1234 tx up bb. A sign that this tx 1234 up will not make it.
Hence it means 13TL down will be valid.

entry on friday 040414 pre-NFP 13TL done. 5pm.
week14 EURAUD h1 1234 tx bb up failure 060414

entry @ 2200

week14 EURAUD multi pos entry after NFP 060414

hindsight bias will be that 200 AM on h1 seems to be guarding the trend well. A prediction will be that price not expected to shoot thru 4800.

HENCE I MUST STAND STRONG TO ADD IF PRICE DO COME TO THIS AREA.

Price on the cusp of moving another 300-600 pips. HOLD FAST.

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