alexfosterski

alexfosterski

Reason For Entry - Double top candle pattern - Bounce/retest of strong 4H resistance - 618 Fib Reason For Sl - Above strong 4H resistance level - Above previous swing high - Above double top candle pattern Reason For TP - Targetting lows - Targetting hight of double top

alexfosterski

NZDUSD sadly hit SL today, looking back on this trade I should have paid more attention to the candles. This entry was rushed and now I have more time to look back at this trade I can see that we had a bullish pin bar just before our entry price which should have given me some indication that there was bearish momentum. Moving forward I need to ensure that...

alexfosterski

Reason For Entry - Retest of daily resistance - A retest of the 618 fib level - Expecting a rejection of the 4H descending trendline Reason For SL - Above descending trendline -Above strong daily resistance Reason For TP - Targetting the 4H lows

alexfosterski

Trade Management - Stop-loss was brought to break even once price had dropped 30 pips in our direction. This was done to protect capital in case we saw a pullback. - As the price continued to gain more bearish momentum stop-loss was gradually waded into profit placing the SL above each LH (lower high) on 15M downwards trend. - Eventually, SL was brought to the...

alexfosterski

Reason For Entry - A strong break of 4H ascending trendline - Tripple top pattern - Bounce/Retest of strong 1H resistance - A retest of 618 Fib level Reason For SL - Above previous highs - Above strong levels of resistance - Above tripple top pattern Reason For TP - Targetting previous lows - Targetting MPO of tripple top pattern Risk 2.5%

alexfosterski

Reason For Entry - Broken 4H ascending trendline -The brake of 618 Fib - Bounce of 4H & 1H support - Double top 1H Reason For Sl - Inside ascending trendline - Above heavy 4H & 1H resistance Reason For Target - Targetting the lows

alexfosterski

GBPJPY sadly hit SL yesterday, looking back at this trade and trying to learn from it moving forward I placed the stop loss far too tight on this move. The stop loss should have been placed above the previous 4H high and well inside the ascending trendline, yes doing this our RR ratio wouldn't have been as great however we would have not been stopped out and we...

alexfosterski

Reason For Entry: - Broken 1H asending trendline - Broken 1H Support -Bounce off of 382 Fib coupled in with bounce off of 1H assending trendline - Six 1H candles rejected from the highs Reason for Sl - Above 15M resistance - Above 1H resistance - Inside 1H assending trendline Reason For Target - Aiming for lows however will be mitigating risk by bringing...

alexfosterski

Reason For Entry: - Broken 1H trendline - Bounce from 618 fib - Bounce/Retest 15M support - Loss of momentum from the upside Reason For Stop Loss: -Above 1H trendline Above 15M support Above swing high Reasons For Target: Targetting back to to daily lows

alexfosterski

GBPUSD sadly hit stop loss yesterday evening. The technicals on this trade were beautiful however the reason we were stopped out was due to having a stop loss far too tight. My original thought was to have SL placed above the 15M resistance level however I entered this trade late and I placed a tighter SL. If SL wasn't hit and the target was achieved we would...

alexfosterski

GBPUSD Sell

alexfosterski

EURJPY Buys

alexfosterski

GBPUSD Sell

alexfosterski

GBPJPY Buys

alexfosterski

USDCAD Buys

alexfosterski

Boris has corona