masterkeytrading

Backtest USDZAR 2/20/19 8:00 am

Satış
masterkeytrading Güncellendi   
FX:USDZAR   ABD Doları / G. Afrika Randı
  • Valid Trade
    Daily candle was a bearish engulfing
  • H4 structure was on an uptrend but failed 3 times to break monthly
  • H1 structure downtrending with valid BOS,
  • valid M30 BOS
    Confluence Monthly Resistance, H4 MAs, random line resistance

    Risk: H4 is consolidating, have to be less risk adverse
    Exit: Friday Market Close
    During the trade, there was a huge spike that normally would have blown my account
    It seems like it was because of news.
Yorum:
Have to be extra cautious with countertrend trades. Need to take high pressure invalid breaks or 3 strikeout resistance. In this case, there was a monthly support confluence. I should enter after retest of random line resistance, not monthly support. Next time, if I go countertrend, I play 3 strike out or high pressure invalid break. If there was retest on a countertrend trade, I should be extra cautious and strict.
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.