Gabo21130

Thursday, March 31 2016 (EurUsd M5) As today we had basically an all day up session. As the start of the session at 10:30 am NY time we see price trying to go to the upside and testing the 1.1402 level (H4 green resistance), after that price decides to go down back again an test the 1.1383 level as support (M5 yellow support) and formed a green bullish closing candle what showed some continuation and went up again to test the 1.1402 level (H4 green resistance). Price forms another bearish closing candle that took price down to the 1.1383 level again (M5 yellow support), then we see 5 sessions of consolidation and a big bearish candle, we enter in the next one after that marked with the red arrow which closed below the 1.1383 level, got stopped out just 3 candles after because we did not react to the bullish candle formed after the 3 bearish candles and that was bouncing just in the 1.1380 level (H4 Green Support). That was the mistake of the day. God Bless John 18:37 And so Pilate said to him, “You are a king, then?” Jesus answered, “You are saying that I am a king. For this I was born, and for this I came into the world: so that I may offer testimony to the truth. Everyone who is of the truth hears my voice.”

Wednesday March 30 We study the losing trade of today session. (Each candle represents a M5 period). We had a buying opportunity testing the 1.1346 support (previous daily resistance). We had formed a neutral pin bar closing just above support ( red line), I bought. The session unfolded like this: 1. Price closing inside previous neutral pin bar range at 1.1347 2. Price retesting the upside of the Daily red support and resistance and closing below at 1.1343 3. Price continued going down showing some sign of buying at 1.1339 but closing bearish and below the previous candle low. 4. I did not react to it and price hit the SL located below the ìn bar low at 1.13369 Entry is marked with the Green arrow and Exit is marked with the Red Arrow. Hope is it helpful. God bless, a hug in Jesus and Mary!