#EURJPY Daytrading Analysis - What went wrong?
Good Day Traders!
Many times, there is no time to publish my trade ideas on time because I am in a different language zone from TV active.
Despite that, I would like to post my trade results including my analysis for you.
It is for educational purposes. I do that after every trade to see what went wrong or not?
All trades, by the way, are real!
Strategy
Entry
• SR (support becomes resistance)
• Weeks - VWAP Confirmation
Exit
• Volatility-based
• Back to outbreak level
• Maximum risk of 1% of the capital
o Exit with slippage
Comments
I was thrown out of the market with slippage. The setup was so far ok with the VWAP confirmation, but I paid too little attention to the overnight news. These have clearly given the market strength.
Improvements
1. Review news results more carefully
2. Carefully review long-term charts
Many times, there is no time to publish my trade ideas on time because I am in a different language zone from TV active.
Despite that, I would like to post my trade results including my analysis for you.
It is for educational purposes. I do that after every trade to see what went wrong or not?
All trades, by the way, are real!
Strategy
Entry
• SR (support becomes resistance)
• Weeks - VWAP Confirmation
Exit
• Volatility-based
• Back to outbreak level
• Maximum risk of 1% of the capital
o Exit with slippage
Comments
I was thrown out of the market with slippage. The setup was so far ok with the VWAP confirmation, but I paid too little attention to the overnight news. These have clearly given the market strength.
Improvements
1. Review news results more carefully
2. Carefully review long-term charts
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
# Community: robertrother.com
# Telegram Gruppe t.me/+l-bkyPv0QbkyNDYy
# Spiegel Bestseller "Drachenjahre" amzn.to/2P7ud0u
# Telegram Gruppe t.me/+l-bkyPv0QbkyNDYy
# Spiegel Bestseller "Drachenjahre" amzn.to/2P7ud0u
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.