my journal - ronfis

#2 CADCHF
reverse trade from #1 trade

sell @0.74566
SL 0.75166 (60 pips)
TP 0.73366 (120 pips)
RR 1:2

pro:
price was on sideways then there is a pin bar as failed break out
pin bar
0.75000 big round number act as resistance

con
pin bar is relatively not big enough

#2 CADCHF
CLOSED @0.75167
Loss -1R

I think this was a good trade, because the RR is good

#3 NZDCAD
sell @0.93638
SL 0.95838 (220 pips)
TP 0.91138 (250 pips)
RR 1:1.13

Pro:
there is this big long BEEB with long wick at resistance
resistance


what I don't like from this trade is the pips is too wide. It could take days before it could touch SL/TP.

#3 NZDUSD
SELL @0.72387
SL 0.73887 (150 pips)
TP 0.69887 (250 pips)
RR 1:1.67

Pro:
BEEB
failed breakout
resistance

#3 NZDCAD
closed with Loss @0.95839
-1R

#4 NZDUSD
closed with Loss @0.73890
-1R

wah, this is my 3rd loss in a row.

Summary august:
4 trade: 1 break even, 3 loss
total -3R