trading the momentum cycle

[padutrader]

View attachment 188888

lesson learnt-hit resistance re test of support and blast off

 

[padutrader]

 

[padutrader]

View attachment 188891

risk 3.1 pips reward 3.6 but low probability because did not wait for confirmation so 1:1 not good RR

 

[padutrader]

TARGET 1.1725

 

[padutrader]

TARGET 1.1725View attachment 188893

STOP INCREASED BY 1 PIP

 

[padutrader]

 

[padutrader]

 

[padutrader]

 

[padutrader]

 

[_eug_]

I am following your journal and this bar by bar analysis seems so fruitless and tedious. Kudos to you for sticking with it. I hope you can prove that it works for you.