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my journal - ronfis
This is my journal.
Thank you Cliqforex
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#3 NZDCAD
sell @0.93638
SL 0.95838 (220 pips)
TP 0.91138 (250 pips)
RR 1:1.13
Guru:
there is this enormous long BEEB with long wick at resistance
resistance
exactly what I don't like from this trade is the pips is too broad. It might take days before SL/TP could be touched by it.
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#4 NZDUSD
closed with Reduction @0.73890
-1R
wah, this is my 3rd loss in a row.
Summary august:
4 trade: 1 break even, 3 reduction
complete -3R
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USDCAD
sell @1.30491
SL 1.31491 (100 Pips)
TP 1.27491 (300 Pips)
motive:
triple shirt
2BR
resistance
great RR
reason why it doesn't operate:
not really attain resistance yet
I saw 89ema daily support
mid term trend is upward
Member
right after bank rate announcement price dropped 100 pips and then go up again.
Price touched short term trendline support
I feel distress since it's after large news. I would like to avoid whipsaw
Price has reached 100pips
So I moved SL to break even
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GBPCAD
SELL @1.70074
SL 1.74674 (460 pips)
TP 1.65474 (460 pips)
Pro reason:
- 2BR at resistance
- price trending down
Con reason:
- fashion might have ended
- price is slowing down
Strategy:
- Move to break even once price attained service
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USDCAD
closed the commerce @1.29410 ( 108.1 Pips)
Yield 1.08 RR
that I might have closed too early, however price has reached 1:1 RR and appears stalling
it might be my plogy that caused me to close earlier but I am fearful if the price move up and hit my break.
Member
AUDUSD
SELL @0.75927
SL 0.76927 (100 pips)
TP 0.73927 (200 pips)
Professional motive:
relative large beeb
resistance
Member
AUDUSD
Price fell about 100 pips.
Move SL to breakeven
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#3 AUDUSD
transfer SL into 0.75227 ( 70pips)