Previous trades
GBP/AUD
A large bearish bar formed on last Friday (second last bar in the price chart), and stop loss triggered. This trade turned out to be another losing trade.
Open positions
No new trade on the first day of this week. The open positions I am holding now are:
| pairs | positon | entry price | stop loss | take profit | risk reward ratio |
|---|---|---|---|---|---|
| AUD/USD | short | 0.74817 | 0.75267 | 0.73515 | 1:2.89 |
| USD/JPY | short | 111.767 | 112.254 | 110.659 | 1:2.28 |
P/L since May 24th: -2R
I make all my trading decision based on the daily chart. Most of the positions will be entered at the beginning of a new trading day. I am at the UTC+8 timezone.
I will continue posting and will assign the #ygernforex tag to every trading journals I write in the future. So you may click on this tag to have all my journals. Thank you for reading.