Which leverage are you planning to use? It’s hard to set decent profit goals with this deposit, max lot with reasonable lot should be around 0.02-0.03 if you don’t want to blow your account again.
That depends on how many pips my SL is. I am more of an aggressive scalper / intra-day trader.
For the interested ones, this is how one of my personal charts looks like. This is from an EURUSD sell I did last week.
EURUSD buy today based on price action and indicator.
Indicators are just extra confirmations for price action.
Caught a USDCHF sell today. Just a trade, outside of this challege, to give you an idea how overbought and oversold tends to work.
Bad news. While switching through my accounts, apparently I forgot to put my SL on this challenge account…
Account status: €13,50
Oh well…The harder the challenge, the more satisfying it is when the challenge is completed. My first target is €100,- Here we go again.
In between forecast of CADJPY. Yesterday sold as expected. Let’s see if price can go towards the expected level tomorrow.
A slow Friday. Next week more opportunities. Have a great weekend!
Has hit BE.
Was looking for a good sell entry in EURUSD today, but price was too choppy for me to enter. You can still learn something from this analysis though!
Look at EURUSD now
EURUSD might give a reversal this Ny
Eu continued with its trend today. I am marking up my charts. Will post a video here in this journal, with me preparing for the market.
Forecasted GBPUSD live
To be honest trading this account now is taking too much of my focus. I will start a new journal with one of the accounts I manage.
Small account can be done again, when I have the time. I really want to test my abilities by growing a very small account to a big number. This journal is on PAUSE for now.
And what do these patterns mean? Increased selling pressure?
Which patterns?
Posted a video for the interested ones. This is how to simply prepare.