02.06.2020
Currency pairs: EUR/USD, USD/JPY.
TF: 1H (global picture), 5M (traded TF) and 1M (for details).
Having analyzed the trade, I decided to return to trading on the 4th СP. The main goal for June is to increase the number of transactions, preferably by 2-3 times. I will devote more time to test trading + evening analysis of sessions. I take it apart at the end of the day and I don't always throw it in my diary. Why do I need it if I keep all the selected information from the parse in my head (from which something regularly wets out, and the necessary information, I think, at double speed). Therefore, regardless of whether there are transactions or not, mandatory analysis in the evening. And after each analyzed session, draw a specific conclusion and describe it here.
AUD/CAD
There's only one deal today. Having analyzed the 1H structure, I saw a downward trend on it. Although I can see now during the description of this trade, I was not sufficiently focused then, because according to the rules described in my TP, the uptrend was not completed, and all I observed was just a very deep rollback (about 80% of the impulse). I'll still describe the deal as I saw it then. In the 1H screen, a red arrow marks the entrance point. I was expecting to come in on a rollback then. After breaking through zone 1, the price formed a beautiful and weak pullback to it, which led to the entrance to the shorts by 4 candles. Details on 1M, also after a slight rollback. Anyway, the problem is attentiveness, and the deal is terrible, contradicts one of the first and most banal points of my TP. Fortanulo today.
Currency pairs: EUR/USD, USD/JPY.
TF: 1H (global picture), 5M (traded TF) and 1M (for details).
Having analyzed the trade, I decided to return to trading on the 4th СP. The main goal for June is to increase the number of transactions, preferably by 2-3 times. I will devote more time to test trading + evening analysis of sessions. I take it apart at the end of the day and I don't always throw it in my diary. Why do I need it if I keep all the selected information from the parse in my head (from which something regularly wets out, and the necessary information, I think, at double speed). Therefore, regardless of whether there are transactions or not, mandatory analysis in the evening. And after each analyzed session, draw a specific conclusion and describe it here.
AUD/CAD
There's only one deal today. Having analyzed the 1H structure, I saw a downward trend on it. Although I can see now during the description of this trade, I was not sufficiently focused then, because according to the rules described in my TP, the uptrend was not completed, and all I observed was just a very deep rollback (about 80% of the impulse). I'll still describe the deal as I saw it then. In the 1H screen, a red arrow marks the entrance point. I was expecting to come in on a rollback then. After breaking through zone 1, the price formed a beautiful and weak pullback to it, which led to the entrance to the shorts by 4 candles. Details on 1M, also after a slight rollback. Anyway, the problem is attentiveness, and the deal is terrible, contradicts one of the first and most banal points of my TP. Fortanulo today.