PA #4 : audjpy sell 09/01/24

Date: Thursday 09/01/2025

Post Analysis:


Number of trades: 1 trade
Daily Profit: -0.1%

Objective: Phase 1 +10%
Account Balance : -4.27%

Next Logical step: Get to 10 trades;

1/ What I did right:

I Spent 1 hour maximum to research the best pair to trade.
I identified the Activity/demand: AUD: Strong move that broke previous day high and backed by fundamental news.
Pair Selection: Aud WEAK and JPY strong - > We are looking to sell the aud.
Beating perfectionism: I took one trade, with 0.1% risk to come back and get used to taking trades.


2/ What I did wrong:

Tight stop loss
Didn’t see the channel pattern taking place.

3/ What I am going to change:

I don’t know yet! Hesitatnig between changing the stop loss or not, so I will leave it like this