Hey,
I have decided to start a trading journal for my day trading positions.
I will be posting screenshots with explanations for the setups I take on GBPUSD M5 chart. I usually take between 1-5 trades a day, all I use is price action and a few EMA's.
All my trades are managed with 2 TP's, once TP 1 is hit, my SL is moved to BE.
I only trade 4 signals which are:
Pin Bar
Inside bar as long as pin bar is present
2 Bar Reversal
Engulfing Bar
I usually trade 8am to 4.30pm GMT, but have quit early today as I have other things to do, but here is a chart of today's trades.
I have decided to start a trading journal for my day trading positions.
I will be posting screenshots with explanations for the setups I take on GBPUSD M5 chart. I usually take between 1-5 trades a day, all I use is price action and a few EMA's.
All my trades are managed with 2 TP's, once TP 1 is hit, my SL is moved to BE.
I only trade 4 signals which are:
Pin Bar
Inside bar as long as pin bar is present
2 Bar Reversal
Engulfing Bar
I usually trade 8am to 4.30pm GMT, but have quit early today as I have other things to do, but here is a chart of today's trades.
insideBars==boss