R1 journal 1hr TF entry

journal,for my own education

GJ the only rade i ve left running came within 2.2 ticks from my SL lol...but i m ok if it s gonna stop me out, all in all very good day thus far.
there was another good setup on GBPCHF for a buy off of a DB fake break that would ve worked out, but i didn t took that trade since i was short on GJ, and the background for GCHF is weak overall. (and will still hold it cos thus far there s more weakness then strenght). also watching UC for a possible short specially since there s some CAD news today and the dollar is weak.
EDIT> took the hit on GJ, so
MONDAY 11!30!2020 6 trades taken, 5wins and 1loss> 4% gain
luckily they didn t all happen at the same time, and totally unexpected for a monday.
PS> could ve closed GJ with -0.3 04 0.4% loss seeing that vol that kicked in on the 1hr on that down candle hadn t i waited for the result. on a different note, if i wouldn t have waited and would ve turned out to be weakness and went down to hit TP i would ve ruined my day lol...so note to self, always wait for the result of the high vol and don t overreact!!!!

tuesday 1st december 2020
possible first trade so far CHFJPY sell stop> DELETED. red impact news for euro in 5m..a bunch of euro news today, maybe would be best to sit tight and just watch, i don t wanna get pushed around by these crappers ))
dollar index looks like it might jump up, pound possible shorts against the dollar and cad, EU and EJ i m looking to short so far, also AU still short, will see if any of these will setup right..patience is key, speciall with all these news

first trade that i ve just entered
usdcad long
if this 1hr candle closes below the wick of that bull hammer that also has the highest vol for the day till now, i ll short the EU
GU has 2 bigger SL, plus we re in the mid range at fair value, i wanted to short at the top, so no trade, AU will skip also, 2 big SL for AU s daily range.
UC so far looked the cleanest with strenght in the background yesterday, strenght and fib overshoot today. we ll see how it pans out
Short EU just now, only 2 trades so far today that are running
probably last trade for today, GBPCHF long just entered, so 3 positions running so far, max allow risk on the table, so unless BE is set on some of these trades or TP or SL is reached, no other trades will be taken.
All 3 trades were losses today, looking back the setups weren t perfect, UC still in a down trend, strenght came in but should ve waited for the channel to break first, EU weakness but trending up overall plus closed above 1hr fib and the ascending channel still intact so again better would ve been to wait. as for GBPCHF, it s ranging overall, it kicked me out and few mints later went straight up to hit target...tipical. NP, i ll move on, still 1% up for the week so far, we ll see what tommorow brings, and also will look for setups more with the prevailing trend rather then against on some temporary weakness or strenght.!!!

thursday 2 December
first trade EU short
edit> SL was moved at BE on EU mints before the spanish unemployment, better BE rather then a loss after beeing more then half way thro target, BE hit
caught it late but should be ok for R1> GBPCAD buy 1% risk.> GC was a loss
bough gold and AJ, we ll see how it pans out
both gold and AJ reached R1, r1 secured on both trail rest, secured 2% on AJ, letting it run for the 3% target, it s a bit struggling at todays high made in asia
gold secured 1% and same, trying to trail cos gold can have massive rallies. these are the trades from yesterday.
so, for this week, even if my BE is hit on both trades, i ll still be up 3%.

only trade for today so far, GBPCHF sell 1% risk..still have gold trade running trying to trail, AJ got stopped out with +2%, so up 3% for the week so far

that trade was a dud, ended the week with +2%, didn t trade on friday NFP.
sad how good the week started and how it ended, but hey, i still turned a profit. hopefully next week will be better, and i think i ll avoid POUND till this BREXIT crap ends.