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JJeffery817
Feb 7, 2019 3:15 AM

CADCHF Short Idea 1H Short

Canadian Dollar/Swiss FrancFXCM

Description

ENTRY: 0.75909
SL: 0.76011
TP: 0.74850

Entered this trade off of a market execution.

This is one of my friend and mentor's favorite pairs.

on the 4H time frame I boxed out the consolidation zone. I waited for a break out of that box and the retest off of the Kijun.

Other signals:
- Break out of Kumo
- Dark Future
- TK Crossover

Let's see what happens!!

Trade closed: target reached

This trade was amazing!

I was able to capture about 30 pips off of this one.

I notice I've been feeding back into my greed because I was going to even lower timeframes to secure pips. Not to say I'm not grateful for what I got, but rather I wasn't fully accepting the risk of the trade.

I need to focus on practicing my patience.
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