BE.FX

05:15

BE.FX

After a pretty bad day yesterday. Emotional trades after being stopped out at breakeven on a trade before it shot up in my direction and closing lucky closing the day at breakeven after overtrading, I come back to the charts looking to execute my plan. I took this sell on GJ based on the strong downward momentum followed by a pullback which created minor...

03:36

BE.FX

I was initially looking to enter buys as we closed above resistance on the 15/30 and 1hr timeframes. I couldn't enter as my stop would have been too big. I decided to wait for a pullback of some sort and minor support to be created on either the 15 or 30min timeframe to take buys. This didn't happen. Instead, price closed below the previous resistance level...

04:26

BE.FX

27/10/2020 - Trade 1: GJ Sell @ 30min/1hr Support Break Took the GJ trade based on the 30min and 1hr breaking a support level. My entry was as the current 30min candle broke the low of the previous 30min candle. The entry was a little late as the ideal entry would have been when the 1hr candle also closed below support (although it was a little...

04:18

BE.FX

Enter buys on EURAUD for last trade of the night. The 30min and 1hr closed bullish above minor resistance, so I took a countertrend trade with reduced risk. I was meant to ent a .02 lot but entered a .01 lot, so making that mistake put me off a little. The price moved around 6 pips in my direction, but I decided to move stops to breakeven early (usually I do at...

04:20

BE.FX

Took Pre New York sells on Ej. Saw that price pushed down to support I had drawn during London. It failed to break but created another minor 30 support at the longer-term support level. Ideal entry would have been to impulse enter as price broke the previous candle 30min lows, but I didn't get in. Unfortunately, I FOMO entered as I felt the stops were still in...

BE.FX Updated 

Took sells on GU based on: 1. 4hr breaking out then closing back in the range. 2. Price pushing down to create support. 3. Pirce breaking above resistance then closing back in range on 30min and creating 30min resistance and breaking low of the previous 30min. Enter as: - The 30min broke the low of previous low and the 5min closed below that low. I waited for...

03:58

BE.FX

Video Breakdown of GU Short

03:43

BE.FX

Video break down of EJ Short trade. See linked trade idea

BE.FX Updated 

Short EJ: Reason: I felt that I identified a bearish bias-based off the 1hr and 4hr candles. We also wicked down and closed below 15min resistance. Other timeframes: Bearish across all timeframes only issue is no wick on the 4hr and the 15min created a higher high but not a lower low. Details: The 15min - 4hr timeframes were all bearish at the time of entering...

02:36

BE.FX

Very small gain on the trade +2.1pips. Please see the linked trade idea for a detailed breakdown on trade. This was my second entry after the previous position stopped. Price moved then closed back below resistance.

02:53

BE.FX

Video analysis of GU Long loss. (see linked idea for detailed brake down) P.s I'm a long time trader still trying to find profitability.

BE.FX Updated 

Reason: Other timeframes: Bullish across all timeframes only issue is big downward momentum. Details: 15min and 30min all creating higher highs and lower lows. Looking for a pullback in to continue move down. Entry - 1.28707 Initial Stop - 1.28577 Target - 1.29110

04:00

BE.FX

Video analysis of EU short loss. (see linked idea for detailed brake down)

BE.FX Updated 

Short EU: Reason: Huge downwards momentum during London. Price created support, broke and closed on the 15min. Other timeframes: Bearish across all timeframes only issue is no wick on the 4hr and the 15min created a higher high but not a lower low. Details: Entry - 1.7777 Initial Stop - 1.7923 Target - 1.17521

03:13

BE.FX Updated 

Took buys based on bullish 15min candle closure above 1hr support.

BE.FX

FX:EURAUD 4 HOUR Entered Long on a 4 hour break and retest setup. Entered x2 .05 lots at slightly different price levels to ensure I didn't miss the move, but I still feel both are a little premature as they are 13 pips from the breakout area. I was a little thrown off by this size of the initial breakout. Entry 1 - 1.60488 (.05 Lot) Entry 2 - 1.60445 (.05...

BE.FX

FX:GBPJPY 4 HOUR Lot Size .05 Entry: 147.662 Stop Loss: 147.943 Target: 146.646 Entered this trade around 7:30am and price has been ranging since. Seems like it waiting for news to come out which is due in around 1 hour and 20 minutes. Undecided about closing position because I have a small lot size and price has never really substaintly broken and...

BE.FX Updated 

FX:USDCHF 4 Hour 4 hour candle closed below breakout are signalling a short entry. Price did a nice retest of the 200 ema which formed just below my breakout line so I entered will my standard .1 lot size Entry: 1.00172 Stop: 1.00381 (trailing @ 20 pips) Initial TP: .99794 I usually post quick updates on my Instagram stories. See them @...