EURUSD: Euro and inverted Euro, how to avoid bias and some tips
Updated
In this chart, I'm looking at the Euro and an inverted Euro chart, to help me determine if I have a bias when trading it. Seeing the bottom chart, I feel it is a long here, specially since we're breaking out above an inside trendline. You can refer to my analysis in related ideas.
I also see a short in the inverted chart, with Friday's action being quite decisive for me, when seeing this chart presented in this way.
What do you see in these two?
Ask yourselves this question also: what is the stupidest trade to take right now? Of all the instruments you follow...what would be the trading idea, that would make you laugh and mock whoever presented it to you?
Let me know what you think, we can benefit from asking ourselves questions, and others, and thus, enrich our trading view.
Cheers,
Ivan Labrie.
I also see a short in the inverted chart, with Friday's action being quite decisive for me, when seeing this chart presented in this way.
What do you see in these two?
Ask yourselves this question also: what is the stupidest trade to take right now? Of all the instruments you follow...what would be the trading idea, that would make you laugh and mock whoever presented it to you?
Let me know what you think, we can benefit from asking ourselves questions, and others, and thus, enrich our trading view.
Cheers,
Ivan Labrie.
Trade closed: stop reached
Trade active
Go long on a break above 1.12507, stop 1.11379
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ivanlabrie.substack.com/
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