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

  1. #1


    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
    6

    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
    123LearnToTrade Founder
    Join Date
    Feb 2010
    Location
    Chicago, IL, USA
    Trading Since
    2008
    Primary Market
    Stocks
    Secondary Market
    Forex
    Analysis
    Price Action
    Trader Type
    Day/Swing Trader
    Posts
    327

    Default

    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


    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
    6

    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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