Came back from my overseas trip in China.
The position trades had been stopped out.
It had been a very choppy market for the euro.
Price had been trading lower prior to the US market open. Again, trading what the price was telling you.
1. Three bull candles appeared, signalling a possible turn of trends upwards, especially when the price had been trading lower previously.
2. Bought at market as the price turned sharply upwards, with the tenkan-sen cutting above the jikun-sen, and above the kumo cloud. The chikou span had also cut above the price within the 26 period high.
3. Unfortunately, price itself seemed to be exhausted. Tenkan-sen cut below the jikun-sen, and the chikou span also cut below the jikun-sen 26 period back.
4. Exited the trade while the price traded into the cloud.
Called it a day.
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