Australia's largest stock trading and investment forum Australia's #1 stock forum

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

First 80 Last

Share
Profile

Follow
sharks37

8,720 Posts.

81

04/01/18

12:08

Post #: 30036623
Share

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

Expand

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

Cheers, Sharks
5 Upvote

Reply

There are more pages in this discussion • 4,912 more messages in this thread...

First 80 Last