Hi all, I have been trading for quite some time now and I can say that I can 'see' better and 'feel' better where price will be heading short term.
Thus, this thread is dedicated to the journey of a noob to a 'pro'.
In this journal, I will provide my weekly analysis of the week. I hope this thread will be the most profitable and simple thread in FF.
Without further ado, let us begin:
Firstly there are 2 rules for my trades:
1) We will place a trade once market reopen.
2) Stop loss (SL) is always 1:1, meaning if my target is 100pips my SL is 100pips.
9th Nov 2015 Week
1) AUDJPY short, weekly colors + D1 power for short + H4 sma 200, TP 85.755
2) AUDCAD short, weekly colors + D1 power for short + H4 price touch sma 400, TP 0.92270
3) EURAUD long, weekly colors + 2x price touch fibo 161.8 + H4 power for long + M30 sma 200, TP 1.54872
Thus, this thread is dedicated to the journey of a noob to a 'pro'.
In this journal, I will provide my weekly analysis of the week. I hope this thread will be the most profitable and simple thread in FF.
Without further ado, let us begin:
Firstly there are 2 rules for my trades:
1) We will place a trade once market reopen.
2) Stop loss (SL) is always 1:1, meaning if my target is 100pips my SL is 100pips.
9th Nov 2015 Week
1) AUDJPY short, weekly colors + D1 power for short + H4 sma 200, TP 85.755
2) AUDCAD short, weekly colors + D1 power for short + H4 price touch sma 400, TP 0.92270
3) EURAUD long, weekly colors + 2x price touch fibo 161.8 + H4 power for long + M30 sma 200, TP 1.54872