EURUSD I don’t often see people explaining their trades, but I enjoy doing it and maybe someone can learn something from it!
The overall trend is heavily bearish, and price is slowly moving against it. I wait for a liquidity sweep to take out a high, followed by a strong market structure shift (MSS) that creates a fair value gap (FVG). Then, I use the Fibonacci tool to measure the manipulation move, focusing on reactions around the 0.61 or 0.78 levels. My ideal setup happens when price consolidates at one of these levels (today my entry was very aggresive).
I usually aim for minus one standard deviation, but today I targeted the Asia Low to wrap up the week quickly. I stick to a 1:3 risk-to-reward ratio—my golden rule.
EURUSD "An expert is a person who has made all the mistakes that can be made in a very narrow field."
- Nils Bohr
#EURUSD (The narrow field).
In other words, create an environment which allows you to experiment, test and make mistakes as much as possible, as soon as possible -> Learn from those mistakes (You can do this, only by knowing yourself - because only you know how you can teach things to yourself).
As a former tech entrepreneur, I can tell you this from experience; It generally takes 7 - 15 years to create and build something truly great.. (I learned this from my mentor who is making 100s of millions of dollars every year and who spent 20 years before he could call himself an expert).
Patience, awareness (noticing stuff), taking notes, reflecting, asking why and trying to understand every detail is key..
You cannot afford to be lazy, or take this career path as a joke..