Just an ordinary trading log.
Been studying for almost 6 months now, was also lucky to find Davit's thread.
I plan on trading pivots and TLs together with a good study of the fundamentals in order to understand the general market dynamics.
So here it goes:
Mon the 18th of March
AUD USD H1
Entry based on price closing under down TL and rejection around the weekly R61. Looking to add more to the position if we retest R61.
Aiming at a TP near the Weekly Pivot Point, stop loss is based on account equity.
USDCAD H1
No news on CAD until Friday we have:
2:30pm CAD CPI m/m
CAD Core Retail Sales m/m
In this context I feel it can continue the down trend and go towards WS61 and WS78 area. Will see if get rejection by short term TL or reaction to WPP
Been studying for almost 6 months now, was also lucky to find Davit's thread.
I plan on trading pivots and TLs together with a good study of the fundamentals in order to understand the general market dynamics.
So here it goes:
Mon the 18th of March
AUD USD H1
Entry based on price closing under down TL and rejection around the weekly R61. Looking to add more to the position if we retest R61.
Aiming at a TP near the Weekly Pivot Point, stop loss is based on account equity.
USDCAD H1
No news on CAD until Friday we have:
2:30pm CAD CPI m/m
CAD Core Retail Sales m/m
In this context I feel it can continue the down trend and go towards WS61 and WS78 area. Will see if get rejection by short term TL or reaction to WPP
Fearful in losing, hopeful in winning.