Weekly Trade Recaps: BTCUSD, SUGAR, AUDNZD, CADJPY Jan 01 2020
Hello everyone:
Welcome to 2021 :) Hope everyone had a wonderful time with their family, friends and others. Looking forward to what 2021 will bring for us in trading :)
Let's take a look at the 2 positions that I entered from last week, as well as the 2 trades that were closed down as well.
BTCUSD - Currently running about 1.5:1 Profit. As the price broke the previous tops of the correction, I moved my SL to BE.
SUGAR - Currently running about 1:1 Profit. I moved my SL to BE now.
AUDNZD - SL hit for 3:1 profit. Was happy with the management approach that I made. Even if the price seems to continue going up, I am fine with the result.
CADJPY - Closed down both trades. Result in BE for total. I knew the risk when I entered the second trade, and it's always in my risk management plan to move my first trade’s SL to 1:1 profit to protect my account.
Any questions, comments or feedback please let me know :)
Thank you
Welcome to 2021 :) Hope everyone had a wonderful time with their family, friends and others. Looking forward to what 2021 will bring for us in trading :)
Let's take a look at the 2 positions that I entered from last week, as well as the 2 trades that were closed down as well.
BTCUSD - Currently running about 1.5:1 Profit. As the price broke the previous tops of the correction, I moved my SL to BE.
SUGAR - Currently running about 1:1 Profit. I moved my SL to BE now.
AUDNZD - SL hit for 3:1 profit. Was happy with the management approach that I made. Even if the price seems to continue going up, I am fine with the result.
CADJPY - Closed down both trades. Result in BE for total. I knew the risk when I entered the second trade, and it's always in my risk management plan to move my first trade’s SL to 1:1 profit to protect my account.
Any questions, comments or feedback please let me know :)
Thank you
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