Monday, February 28

Monday Trades

Entered three swing trades. One is short AUDUSD. There was a gap down and I've planned to enter the first pullback which indeed happened but price continued to move up taking my stop loss waiting above for -4.28 pips. In hindsight I should not be thinking of shorting AUD its a strong trending currency. Duh!!





The second trade is long EURJPY, I booked an early profit when price action stalled and struggling at a minor resistance area. This position is about 30 pips away from my target but I'm not placing my gains in such dangerous situation. Safety of profit first. Got out @ +30.53 pips.


I am holding the third one, GBPJPY and protecting existing gains by trailing my stop @ 132.61

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