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Trade Rationale: Market seemed to be reversing after a long rally and testing* resistance. Appeared to be pushing off resistance. The idea for the trade was correct, but I was scared of the market reversing and set a very close take profit.
Trade Rationale: Market was trending, and I saw an opportunity to take a quick long trade. Entered long, market was very choppy, but eventually hit my take profit. Good trade
Market: e-micro Euro FX
Trade: short
Reward-to-risk Ratio: 7:6
Risk percentage/outcome: 5 tick gain
Trade Rationale:* saw a reaction at a resistance point. Entered short anticipating the market to hit the next lowest level. I misread where my the profit should have been, so I exited the market manually @ a 5 tick gain. If I had not change my take profit mark, I still would have had a gain, but I think it was good for me to exit manually here.
Trade Rationale: Market hit a solid support level and showed signs of reversal. Pushed in my favor a bit but there was a resistance line that the candlesticks never let go of. Eventually pushed strongly against me, but that resistance line held throughout the whole day.
11/3/17
Market: e-micro Euro FX
Candle Time: 5 mins
Trade: long
Risk:Reward: 5:8
Risk percentage/outcome: 4*tick loss
Trade Rationale: Anticipated the market to push down to the dashed line. Unfortunately I mistimed my trade (was Friday) and the market closed on me.; forgot to exit beforehand. obviously a rookie mistake. Market opened today and I was able to get out of my trade manually with a 4 tick loss.
