Tuesday, September 10, 2013

Looking back I might have been good with Trading in the Zone, I've forgotten what the trading plan was for those Trades, if I join it with a Price Action trading plan and larger time frames i.e daily, I should have something here.

I need to go find the book and re-read it

1st Price Action Trade

There's a n inside bar two days before the trade, I tried for a R2 based on a 100pip risk.

First of all I actually put it on 10 pips risk and got stopped out for a dollar because this account is 5 decimal places.

I jumped back in again risking $10 like the other account.

Trade plan followed in that it was set and forget, maybe not a perfect setup however.

Should just wait for pin bars on the daily maybe?