Since I know failed BOs of triangles can be traded and I believe that in the longer term I suspect an "upset" (ie, LL), I took a short on AUDJPY
edit: just missed my TP
edit2: got out with 10 pips
Newark18's trading journal
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- newark18
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Re: Newark18's trading journal
Last edited by newark18 on Wed Apr 15, 2020 7:23 pm, edited 2 times in total.
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- newark18
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Re: Newark18's trading journal
Now that AUDCAD respected pennant, I now feel comfortable moving down my SL so I doubled again. Fingers crossed.
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- newark18
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Re: Newark18's trading journal
I've got a better handle on cones and upset entries.
Long EU
Short USDCHF
Took profit on USDCHF but holding EU.
Bigger TF on EU
Bigger TF on USDCHF but got scared out
Long EU
Short USDCHF
Took profit on USDCHF but holding EU.
Bigger TF on EU
Bigger TF on USDCHF but got scared out
Failure is an opportunity to learn.
- newark18
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Re: Newark18's trading journal
USDCAD
LT cone view. As you can see, there is a lower zeroline that is open
I will looking for a trade around here
I will be looking for cone formation on M5, bullish breakout and breakin, lower low, bearish breakout and breakin, and upset entry at top of cone
LT cone view. As you can see, there is a lower zeroline that is open
I will looking for a trade around here
I will be looking for cone formation on M5, bullish breakout and breakin, lower low, bearish breakout and breakin, and upset entry at top of cone
Failure is an opportunity to learn.
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