Pleased to say the last two trades closed with a nice profit and I've opened a new one based on the retracement to the 0.9000 area. I'll let the video speak for itself as I've also covered some of my thinking on how I manage running trades to lock my profits in.
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Peter,
ReplyDeleteI am finding these videos very helpful. Work has me a bit tied down and I haven't been able to allocate the proper time to the charts, but in the following weeks, I will be getting back to analyzing my charts.
I do have some charts marked and seem to have been drawn somewhat accurate PSR's since I am seeing PA reject and the Daily closes hesistate around these areas.
I did want to link you to my fxbook, to show you that I have been reducing losing trades and have been seeing some winners, but MB Trading just removed and refreshed their demo accounts so now I am starting over with a new account with $10k demo money. So I will refresh my fxbook account, and link you to it so you could see how I am applying the S&R principles you have shown me to my trading.
Thank you again, and I hope to also do the one on one sessions with you in the near future.
KK