JOURNAL UPDATE THURSDAY 15/03/2018
Today I bought USD/JPY
Engulfing candle after the bounce of the trendline.
JOURNAL UPDATE MONDAY 19/03/2018
EUR/USD
Waiting for the advanced pattern to complete!
GBP/USD
I am long on the pair from last week. Hopefully, it will go above 1.4000!
USD/JPY
Long on the pair from last week.
I am aiming for 107.500!
USD/CHF
I am short on the pair from last week!
It broke the 0.95000 level but not the trendline!
EUR/JPY
Just took a long trade this morning!
JOURNAL UPDATE MONDAY 19/03/2018
GBP/USD
The trade is going in my favour!
It hit the resistance line.
I am waiting for the pullback to 1.4000 and then up again.
My target is 1.42500. SL at breakeven.
USD/JPY
Still waiting to go to 107.500.
SL at 105.300
USD/CHF
This is a bad trade. I got in too early.
The pair just gave an RSI div on the trendline and an engulfing candle.
It is still struggling at 0.95000.
TP at 0.92500. SL above the trendline.
EUR/JPY
GOOD trade!
TP at 131.500 at previous S&R!
Risk-free trade. SL at breakeven!
Daily chart.
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H4 chart.
What is my target???
How many pips do I need??
Each week or each month???
I am thinking something like:
+400 pips per month then stop trading!
-400 pips per month and/or -100 pips per week then stop trading!
Is it a realistic plan?
Should I stop trading in +100 pips per week too?
Any help, comments or feedback would be appreciated!
JOURNAL UPDATE TUESDAY 20/03/2018
EUR/USD
I spotted an advanced pattern!
Buy limit at that level.
TP at 38.6 retracement.
SL below the low!
Nice RR trade!
GBP/USD
It was a good trade but my plan was bad!
I should have taken profit on the S&R level!
It has made a double top on H1 timeframe and now it is consolidating at 1.40000 level!
I still believe that it will go up and hit targets or else my SL is at breakeven!
H1
H4
USD/JPY
Trade is going to my favour!
Let’s see what happens.
USD/CHF
I closed my trade today -100 pips!
It broke the trendline!
I am looking for bullish opportunities in the pair!
EUR/JPY
I hit profits on the pair! +135 pips!
I wick hit my target and the price never went back again!
I must always place my TP and SL with the order!
Eyes on the interest rates tomorrow!