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Forex Trading 2018- TA/FA- Setups and discussion, page-80

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sharks37

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04/01/18

12:08

Post #: 30036623
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Originally posted by sharks37 ↑

Ok so following up from last night's 12h trade diary post, none of the 4 setups triggered an entry because the entry level wasn't hit. So moving on to this morning, I have got 2 setups as follows:

Market: EURJPY
Chart timeframe: 12h
Setup type: Spike low retest cont'd / Hammer
Direction: Long
Entry level: 135.245
Stoploss level: 134.804
Pips at risk: 44.1
Equity at risk: 1%
Take profit level: 135.686 (44.1 pips)

Market: USDJPY
Chart timeframe: 12h
Setup: Spike high retest cont'd
Direction: Short
Entry level: 112.191
Stoploss level: 112.608
Pips at risk: 41.7
Equity at risk: 1%
Take profit level: 111.774 (41.7 pips)

Will post an chart/update if an entry is triggered, otherwise again tonight with possible new setups on the close of the current 12h bar.

Cheers, Sharks

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12h trade diary update: EJ long entry triggered, see chart & trade plan below:

Cheers, Sharks
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