Hi folks
An update on my 12h trade diary. Neither of the 2 setups this morning triggered their entry levels so no positions entered on those setups. This evening I have 4 valid setups, as follows:
Market: EURJPY
Chart timeframe: 12h
Direction: Long
Entry level: 135.507
Stoploss level: 135.147
Pips at risk: 36.0
Take profit level: 135.867 (36 pips from entry)
Market: GBPJPY
Chart timeframe: 12h
Direction: Long
Entry level: 152.824
Stoploss level: 152.506
Pips at risk: 31.8
Take profit level: 153.142 (31.8 pips from entry)
Market: GBPUSD
Chart timeframe: 12h
Direction: Long
Entry level: 1.36127
Stoploss level: 1.35822
Pips at risk: 30.5
Take profit level: 1.36432 (30.5 pips)
Market: USDJPY
Chart timeframe: 12h
Direction: Short
Entry level: 112.171
Stoploss level: 112.394
Pips at risk: 22.3
Take profit level: 111.948
Will update in the morning if any are triggered.
Cheers, Sharks
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Forex Trading 2018- TA/FA- Setups and discussion, page-64
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