Profit= -$600 .
Balance= 31 017 - 600 = $30 417
Trade 14: SHORTED AUDUSD @0.7680
Trade Status: Active
S.L @ 0.7730
For $30 592 Balance, Position size = 1.2 lot ~ 2% risk of capital
- Retest of recent horziontal borken support
- Descending resistance
- Broken rising
- Multiple on retest
- Negative sentiment surrounding markets, may support lower yielders.
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I've been following you for quite a while and I learnt a lot from you - failed setups included; one thing I'd like to share with you is that you seem to like to short the pin bar after a strong renounce from a downtrend. I have the impression from backtesting your chart that this kind of setup has a lower success rate. I could be wrong, but I thought you might like some critical feedback.