King W. Harbmayg's Journal Entry #22
Day Position
1| Pair & Position:
EURUSD— 1:5 RR
Short—
according to my criteria, price has successfully printed rejection structure at the 15M point of interest
2| Performance: (1 out of 5)
Confidence— 4
Discipline— 5
Execution— 5
Day Position
1| Pair & Position:
EURUSD— 1:5 RR
Short—
according to my criteria, price has successfully printed rejection structure at the 15M point of interest
2| Performance: (1 out of 5)
Confidence— 4
Discipline— 5
Execution— 5
Trade closed: target reached:
3| Result: +$556
4| Improvement: I entered immediately at the close of the stop hunt candle. Perhaps I could wait for a slight pullback into the greater wick and then execute the entry.
4| Improvement: I entered immediately at the close of the stop hunt candle. Perhaps I could wait for a slight pullback into the greater wick and then execute the entry.
Comment:
I exited the position prematurely as I wanted to lock in profits. I am gradually getting comfortable with holding my trades to completion.