End of Day Review
-1.98R
3 trades taken.
0 winners, 2 losers, 1 break even.
A choppy ranging day, with seemingly few opportunities on offer. I got drawn into a couple of low probability trades and paid the price!
Three Would Not Take Again trades, as these were low probability due to the market conditions.
The 1min MAB Sell at 13:46 was probably the best, perhaps only, high probability trade of the day. I missed the trade because I was waiting for a better entry, however I’m pleased that I spotted and marked up this trade in real time.
I would have achieved my 2R target, had price not just taken me out above the H1 EQZ (13430).
In spite of this, I should have been a lot more cautious of the ranging environment and the previous failed trade should have been enough to warn me off taking this one.
- 5min ema
- 1hour ema
- 4hour ema
- Stop Loss behind keyzone