Entry: First 2 contracts at the break of a session swing high, contract 3 and 4 at break of the prior day high





Exit: Trailing SL hit




Analysis/Conclusion: Sticked to the plan, everything fine so far

Entry: Break of Resistance



Exit: TP hit VAT



Analysis/Conclusion: Sticked to the plan, everything fine so far

Entry: Break of a minor Resistance level



Exit: Initial SL hit



Analysis/Conclusion: Bad location (break of minor Resistance level)

Entry: Price closed above the prior day high



Exit: Inital SL hit



Analysis/Conclusion: Most likely reason for failure seems to be bad location

Entry: PinBar at Support (former Resistance)



Exit: Initial SL hit



Analysis/Conclusion: Sticked to the plan, everything fine so far

Entry: Break of a session swing high



Exit: Initial SL hit



Analysis/Conclusion: Sticked to the plan, everything fine so far

Hi Guys,

Mistakes done today are,

1. Not trading with full timeframe confluence
2. No analysis of daily chart (Did not stick to the trading plan) (2 times)
3. Trading before News (2 times)
4. Widened SL
5. Trading at not optimal locatin (2 times)

Regards

Entry: Break of prior day high



Exit: Initial SL hit



Analysis/Conclusion: Could have easily trailed SL to +1

Entry: Break of Resistance



Exit: TP R1 hit



Analysis/Conclusion: Sticked to the plan, everything fine so far

Entry: First 2 contracts at the break of a session swing igh, contract 3 and 4 at the break of another session swing high




Exit: Trailing SL hit



Analysis/Conclusion: Dont trade pairs where news are coming out, unexpected moves are likely to happen