Forex Trading Journal, May 29th 2017

in #forex7 years ago

Previous trades

GBP/AUD

A large bearish bar formed on last Friday (second last bar in the price chart), and stop loss triggered. This trade turned out to be another losing trade.

GBP/AUD captured at 1430 UTC+8

Open positions

No new trade on the first day of this week. The open positions I am holding now are:

pairspositonentry pricestop losstake profitrisk reward ratio
AUD/USDshort0.748170.752670.735151:2.89
USD/JPYshort111.767112.254110.6591:2.28

P/L since May 24th: -2R

I make all my trading decision based on the daily chart. Most of the positions will be entered at the beginning of a new trading day. I am at the UTC+8 timezone.

I will continue posting and will assign the #ygernforex tag to every trading journals I write in the future. So you may click on this tag to have all my journals. Thank you for reading.

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