Weekly Trade Recaps: AUDNZD, GBPAUD December 12 2020
Hello everyone:
Quick recaps on the trades taken this week.
AUNZD - Currently SL at 1:1 profit. Looking clean to at least hit the previous tops area.
NZDCAD - closed down for 3.5% profit. Understand what the market is likely to do and management plan is to secure profit before bigger corrections.
EURNZD - closed down for 2% profit. Quick note here is, I am perfectly fine not getting the full % of trade as my target was at least the recent swing tops, and did not want to “choke” the price. I follow my plan with it and am overall satisfied with the result.
Miss trade: GBPAUD: my psychological mis-step. Had the bearish bias on all AUD pairs during the time and even though looking back at GBPAUD had great price action, I did not proceed to consider entry with it.
Any questions or comments let me know :) thank you
Quick recaps on the trades taken this week.
AUNZD - Currently SL at 1:1 profit. Looking clean to at least hit the previous tops area.
NZDCAD - closed down for 3.5% profit. Understand what the market is likely to do and management plan is to secure profit before bigger corrections.
EURNZD - closed down for 2% profit. Quick note here is, I am perfectly fine not getting the full % of trade as my target was at least the recent swing tops, and did not want to “choke” the price. I follow my plan with it and am overall satisfied with the result.
Miss trade: GBPAUD: my psychological mis-step. Had the bearish bias on all AUD pairs during the time and even though looking back at GBPAUD had great price action, I did not proceed to consider entry with it.
Any questions or comments let me know :) thank you
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