DislikedNew 1H trade: USDCAD
Pending Buy limit @ 1.0006
Reasons:
1. Nice level of confluences: BRN 1.0000 + Previous R with 3 touches + 50% fib ret from most recent uptrend
2. SFP
Could have played a blind trade here, but did not spot the setup. Let's see if my order gets triggered before price hits my TP.
If TP is hit before my buy limit is filled, I'll cancel the order.
AttachmentIgnored
Now that price broke through a good support/PPZ level, wait for a RR for a short entry.
This trade marked the 9th consecutive losses, which showed how inexperience I am, and how being as discretionary/disciplined is SO important!
I'm glad that I'm taking such a beating during demo, so that I can learn from my mistakes, and gain more experience through the journey.
Moving on...
Knowing is not enough; we must apply. Willing is not enough; we must do.