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Thread: Pipsqueeker's Forex Trading Journal and Live Forex Trades

  1. #1
    Price Action Trading Course

    Title
    Demo Trader
    Join Date
    Mar 2010
    Location
    South Africa
    Trading Since
    2009
    Primary Market
    Forex
    Analysis
    Technical/Price Action
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    Day/Swing Trader
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    Default Pipsqueeker's Forex Trading Journal and Live Forex Trades



    Went Short @ 93.26 as I identified a point of resistance there. Profit target @ 92.90 as the currency pair seems to be in a short term channel. I put the stop @ 93.45

  2. #2
    Price Action Trading Course Brendan Egan's Avatar
    Title
    President & CEO
    Join Date
    Feb 2010
    Location
    Chicago, IL, USA
    Trading Since
    2008
    Analysis
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    493

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    Looks like this could be a good trade for you I think your entry is pretty good on this trade. Keep us updated!
    Price Action Trading Course

  3. #3
    Price Action Trading Course

    Title
    Demo Trader
    Join Date
    Mar 2010
    Location
    South Africa
    Trading Since
    2009
    Primary Market
    Forex
    Analysis
    Technical/Price Action
    Trader Type
    Day/Swing Trader
    Posts
    7

    Default

    This particular trade actually hit stop loss. But lesson learnt. If I had zoomed out more than I would of seen the bigger picture and the more major resistance point of 93.75 .

    The price did eventually go all the way down to the first target point. So I guess I am glad that I could see it.

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