Lesson learnt: In a trade where confidence level is high (with major confluences), SL should not be moved to BE too quickly. In this USDCHF trade, I moved SL to BE too quickly, and price immediately take me out of the trade, and work it's way south. ...

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Updated on USDCAD: Stopped out at BE.

Start of my journey towards profitable trading with PA

Updated on USDCHF: Stopped out at BE.

Start of my journey towards profitable trading with PA

Price worked out nicely after sell order triggered. Found support at previous multibar highs on 4H chart. SL moved to BE. image

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Update on USDCAD: Price immediately went south as anticipated right after it hit my sell limit. Price reached FTA and bounced. Moved SL to BE. image

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Update on USDCAD. Sell limit triggered.

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Update on USDCHF pending sell limit. 1st limit triggered.

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2 Pending sell limits in USDCHF Reasons: 1. DCC of HCR with PB 2. SFP with PB 3. 365 + 150 EMA confluence as resistance image

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Pending sell limit in USDCAD Reasons: 1. DCC + WCC of 2 LCS levels as Resistance 2. 150EMA as Resistance. 3. SFP with RR pattern. image

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Price hit my TP. My sell order was SPOT ON, almost at the day swing high. Too bad i was asleep when the first M15 bar of the day breached 1.6000 and started working out towards the TP. image

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Cancelled order. Priced went passed my marked FTA. Let's wait for a Ret on the next few days. image

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Updated on NZDUSD trade: TP hit at 1.2R. Bought at the high of the bar, TP hit on the same bar. image

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Stopped out few minutes after tightening SL...taken 0.6R loss. image

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Update on EURAUD trade: A bullish pennant formed on the hourly chart (small pennant visible on 4H) Tightened SL to 2 pips above RN 1.2700. *Note: different chart as in the office, using Dailyfx free online charts. image

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New trade: SHORT @ 1.2682 EURAUD Reasons: 1. 4H PB at PPZ 2. SFP (The_Wizard's strategy) 3. MACD bearish divergence image

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Pending Short @ 0.838 in NZDUSD Stop placed at the apex of the triangle. Price breaking through this level means failure of the break of triangle. Reasons: 1. Price broke out of triangle with a strong DBHLC 2. Good space to short as compared to long ...

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Pending Sell Order @ 1.6000 placed in GBPUSD: Reasons: 1. Break of TL, retest and confirmed TL turned from S to R 2. PBT&CB D + W + M LCS with DCC, with a close below BRN 1.6000 *Note: I was late for 1 hour, when price already touched 1.6000 once, ...

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This is in my watchlist: NZDUSD: Price squeezing tight towards a PPZ. Last daily candle closed as doji signifying indecision between buyers/sellers at this PPZ level. Will look for entry IF 4H shows strong BUOB/BEOB. image

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Updated on EURAUD trade. Stopped out. Total profit 1.2R. image

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Updated on AUDUSD trade. Stopped out at BE, and price turned and hit final TP.. image

Start of my journey towards profitable trading with PA