AUDJPY -2% loss
This was very unfortunate as i was wicked out by just 1 pip only to see the market play out in my direction.
Reasons for entry were:
-Uptrend
Price was holding structure support well on 1h with 4H failing to close below.
- 38.2 fib lining up nicely with my support
-Double bottom
-Risk on so AUD strong and JPY weak
Lessons Learned: Stop over complicating everything and stick to structure as i closed out a -1% AJ loss before this so right now i would be up around 11% over both positions and would be up for the week instead of down -8%. In terms of SL placement it was fine as it was just under support and my fib level, I maybe could have placed it a pip or 2 lower to line up with the previous 2 4H wicks.
Reasons for entry were:
-Uptrend
Price was holding structure support well on 1h with 4H failing to close below.
- 38.2 fib lining up nicely with my support
-Double bottom
-Risk on so AUD strong and JPY weak
Lessons Learned: Stop over complicating everything and stick to structure as i closed out a -1% AJ loss before this so right now i would be up around 11% over both positions and would be up for the week instead of down -8%. In terms of SL placement it was fine as it was just under support and my fib level, I maybe could have placed it a pip or 2 lower to line up with the previous 2 4H wicks.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.