EUR/AUD – Wednesday 1/22

                                                              Result -26 pips

 

Trade Selection:

SHORT

  •     Stalling price (lower high than previous swing high).
  •     Visual flow on 15 min time frame was down,
  •      thought price could test lower channel line

  
    
 

Trade Management:

  •     Momentum came pretty quickly and was stopped out. Looking at 30 min I could see a few things

             working against me.

  •      If I’m going to rely one time frame I need a nice trendline break, at least.

 

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