EURJPY Three Drive!

2023年5月2日

Either I'm really smart or really not so smart taking this trade. Entry @150.223.

2023年5月2日

交易進行

Plan remains the same just added an S/R level that caught my eye for a possible retest.

2023年5月4日

交易進行

Closed half position @147.966

2023年5月4日

交易進行

Waiting for daily close before moving stop to BE.

2023年5月4日

交易進行

Moved stop to BE. That’s a W.

2023年5月8日

手動結束交易

All out @148.650. May consider re-entering.

2023年5月8日

交易進行

Re-entered entry @148.514

2023年5月8日

註釋

Sentiment currently not in my favor, but I trade price action first and foremost. We’ll see how things play out.

2023年5月9日

註釋

My risk management:
Margin 30% max of account.

I Use the best indicator in the world for my stop loss placement. The ATR (Average True Range). Take the previous daily candle ATR times 1.5. If you’re long subtract those numbers with your entry and if you’re short add those numbers with your entry. You can also use those numbers for taking partials and trailing your stop.

I usually take half off when taking partials. Helps keeps things in check psychologically.

I don’t move my stop to break even until I get at least a daily candle close above (long) or below (short) my take partials level. Once this happens for me that’s a winning trade. I took money out the market and I’m sitting on zero risk for that trade.

I’m a swing/position trader so keep that in mind.