Trade was a loss, i hate it coz it got really close of making a profit, but this confirm my thesis and proved me
Another trade I got , following my strtict strategy did worked very well. hit my TP 1
EUR AUD
LONG - TP 1.5R
now its just consolidating.
I had issue with this 2 trades as i couldnt find my SL area… as both pairs spiked up really hard,
so i just based it on my higher time frame .
Im thinking of using FIbb, i dunno, im not used to it yet
No entry yet as it may just retest the trend line, I wanna enter when it closes below it
LOL i missed my entry , as i fall asleep,
it seems the downtrend is pretty strong, ill just wait for a retest on the moving average.
its friday also today, i wont chase it if it doesnt go back to the trend line
Not gonna trade with this AUD JPY after retracement , its past 200EMA already
gonna look for another pair instead,
and besides its friday, lots of things goin on in the weekend
by the way , is this gonna be a BAT, butterfly or gartley pattern?
im kinda lost already about it. but it seems it bounced on 78.6% fib
let me know, ill check it on the weekend
glad didnt chase this pair , it would have been a loss
NZDJPY
Short
reason for shorting , touches the trend line, and there was a pin bar right after touching it
just trying to get 2R
but ill move my SL to break even when i get to 1.5R
closed the trade, as it seems it wanna retest the trend line , ill just wait to reenter again later
we will see if it could break the 71
this is the zone im looking at, if it breaks the pin bar, then were Long for this
if it rejects again the trend line, then were gonna short it , coz it seems its weak
for tomorrows trade
USDCAD
SHORT
i guess this is a FOMO, since it past already the resistance
but we will see
as i dont wanna gamble
goodnight guys
Trade was a loss.,
this is why I or you should not get into FOMO,
and if your set up has passed already, then you should not chase it anymore
changed TP to
TP1 =1R TP2 = 2R
this trade is according to my set up, no FOMO no guessing,
I followed my rules here so hope this work
Stopped Out on my Break Even
that rejection on the green candle when it hit my TP1 was a very strong one. si we will see if it bounces off on 200EMA
I still need to find a better risk reward on this trade