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Masbagikkontol Trading Journal

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Hello everyone, today I will open my first JOURNAL TRADING, 

I will start on the pair NZD / USD for today, this pair looks weekly candle yesterday closed with a bearish candlestick. That means next week we still have a chance to open short positions to the 161.8% fibonacci retracement area. At the closing of the weekly candle yesterday, NZD / USD closed at 0.63400, and we will open sell when correction at the price of 0.63700 to the target of 0.62500 because the price will definitely catch up to the 161.8% Fibonacci area. 

Open sell at the price of 0.63700
Target at the price of 0.62500 
Stop loss at the price of 0.64150

Linkback: https://www.forex.zone/trading-journal/31/masbagikkontol-trading-journal/3036/
#1 - February 23, 2020, 04:59:16 AM
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  • Masbagikkontol Trading Journal in Trading Journal_index
  • Posts: 51
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EURGBP on timeframe H4 is currently in the Fibonacci area 161.8% and I have found the right base for long positions in the 50% Fibonacci retracement area at 0.83100. We will wait there to take long positions, right now the price will go there. And we will set a target in the 261.8% Fibonacci area or at the price of 0.84700 

Signal buy at 0.83100 
Stop loss at the price of 0.82800 
Take profit at the price of 0.84700
#2 - February 25, 2020, 09:43:49 AM
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