SWING TRADING JOURNAL
I'm bullish for AUDCHF and this is my plan
I will;
BUY AUDCHF somewhere at Green Box (try to buy as low as possible)
SL BELOW Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc
At least 2R profit and get out
No Profit Guarantee, Good Luck!
I'm bullish for AUDCHF and this is my plan
I will;
BUY AUDCHF somewhere at Green Box (try to buy as low as possible)
SL BELOW Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing stop
5. Re-entry if bullish structure still valid
6. etc
At least 2R profit and get out
No Profit Guarantee, Good Luck!