How retracement eat profit.

Here is the EURUSD chart where is visible that the bull move in European session is eaten by bears during the US Session.

Nevertheless the trend is up both orders shown on the chart are losses because of the fluctuation during the day. This level is quite extreme for this pair and the volatility is high.

As a final thought might be the fact that there is no daily retrace of the price - witch is not a good place to enter the market.