GBPUSD Post Trade Analysis 2024-01-29 : Valid Loss

GBPUSD Post Trade Analysis
2024-01-29

*Loss*

1. Valid risk entry loss for a valid loss

A. Entry Valid
B. Point of Interest Valid - 4H A.3
C. Valid Exit

2.What can I improve ?

A.
- I can input trade concept into Edgewonk Advance Journal Section.
- I can add all info, pre trade screenshots, fundamental news
- I can improved my fundamental analysis
- First Mitigation Failed - will track and possible add no first mitigation to trade plan

What would be my entry model Price Levels ?

1. Entry Price : 1.26750
2. Stop Loss : 1.26450
3. Take Profit : 1.27200

Could I take this Trade ?

- Would set alert and have 1 hour to place trade
- Valid Entry and Win

Lessons
- First mitigation is lower probability and Entry Model is a more valid Trade