Reply To: Trades Week Ending 13/1/2023

#52868
Tim Tim
Participant

All my analysis and trades for the week,

Trade 1

Trade: Short USDJPY
Trade type: 4H trade rotation + MT stop target Date: 08.01.2023
Trade idea: Move down to take out lower stops and complete 4H range rotation
Y-axis PB: Some long positions blocking price (positive) 100%
X-axis PB: New longs just entered the market( positive) 100%
Net DM: Net shprt but short decreasing and longs increasing (Neutral-positive) 75%
Net T-in-prof: Shorts in profit (negative) 0%
Lev Positions: Not clear (Neutral) 50%
1D chart: Just cleared MA(positive)100%
Where in range: Just taken top of the range but in middle(Neural-positive)75%
Trade Score: 5/7 71% (medium to high confidence)

Entry: 132.059
SL:134.605 (above the higher long positions)
TP1:130.350(at low of range and lower MT stops)
TP2: (To be determind or triggered by DM switch)

1

TP1: closed 50% at a bit below target 130.100 (at the MT stops)

2

Trade Closed: 128.150 at the lowest MT stop and long squeeze collapse + bottom of $H range.
Outcome: Hit all targets – Good trade with small drawdown but overall good.

3

  • This reply was modified 2 weeks, 4 days ago by Tim Tim.
  • This reply was modified 2 weeks, 4 days ago by Tim Tim.
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