End of Day Review
+0.85%
4 trades taken.
2 winners, 2 losers, 0 break even.
15:31
potential M5 MAB | Buy
14:58
M5 MAB | Buy | +1.77R
I closed this trade early at 1.77R, as price was slowing down near the 15min ema, and I was afraid of price bouncing off the 15min ema and 4hour ema and moving back down without hitting my 2R target.
14:42
UPDATE
A wider stop underneath the Channel boundary woud have seen me hit my 2R target.
14:30
failed Reversal FibCon | Buy | -1.03R
10:26
failed Reversal FibCon | Buy | -1.00R
I felt that we could be seeing an inverse head and shoulders, with a Reversal FibCon forming at the 10862 Key level, rising towards the 5min ema.
09:57
M1 MAB | Sell | +1.03R
I took profits at 1R, well within the limits of the Inner-Fib, as I was unsure if there would be a Reversal after the Low at the 10862 Key level.