AUDUSD - ENGULFING BULL + 3 CONFIRMATIONS
DOCUMENT DOCUMENT DOCUMENT!!!
It's very important to document wins and losses. Not only are you able to spot mistakes but you also build confidence in your trading (the difference of winning thousands and losing thousands).
Use Trading View's snapshot button to get a link or simply save the image. Save to a file in your computer (check on this folder frequently).
Here is an example of an engulfing candlestick reversal pattern. What really makes this trade is the 3 confirmations AFTER spotting the pattern. It really instills the confidence to up the lot size and profit. I always like to have a realistic goal in mind. Not every trade is going to yield you hundreds of points. Keep your TP obtainable and just add more lots. Happy Friday!
Keep endgame in mind, stay motivated,
D
It's very important to document wins and losses. Not only are you able to spot mistakes but you also build confidence in your trading (the difference of winning thousands and losing thousands).
Use Trading View's snapshot button to get a link or simply save the image. Save to a file in your computer (check on this folder frequently).
Here is an example of an engulfing candlestick reversal pattern. What really makes this trade is the 3 confirmations AFTER spotting the pattern. It really instills the confidence to up the lot size and profit. I always like to have a realistic goal in mind. Not every trade is going to yield you hundreds of points. Keep your TP obtainable and just add more lots. Happy Friday!
Keep endgame in mind, stay motivated,
D
Trade closed: target reached:
Just hit 30 pips after MA Confirmation!!! @.78200
Trade closed: target reached:
TOTAL OF 60 PIPS GAINED BY CLOSE
