Trade 2
OK, the entry from the lows was text book though the confirming candle didn't give enough of a pullball to within 15 pips. What we had was a breakout to the high, then a stop run to the low, a morning star rejecting it, then boom.
At the top we have 3 stop runs at a key level, there was the smallest of confirming entries down and the next candle gave a solid pullback to the level. - The only thing against it was a reversal trade should move at least 90 pips - this moved about 50.
OK, price reversed nicely but found support at the 55EMA, it was 12.00 London at this time so that may of been a decent time to get out, though trading strict DTFL, SL was setup to BE at NY open and I was stopped out at Break even.
So after 2 Trades I am +40 pips, +2R
Wednesday, 21 August 2013
Monday 21st August, 2013C:\Users\Sean\Desktop\20 Perfect Trades\5.jpg
C:\Users\Sean\Desktop\20 Perfect Trades\5.jpg.
Trade 1This trade quickly hit the +40 and I exited at the stop run candle at the first level, I could of let this go as the second candle didn't confirm down and could of exited on the next arrow up, - The trade ending up touching ADR.
- Trade Summary
- Trade 1 - +2R - +40pips
- Overall Summary
- No of Trades, 1 - Total R/R - +2 - Pips +40
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