CydneyFleet

LONDON SESSION:11-23 REVIEW +45RR POTENTIAL BUT POOR EXECUTION

Short
FX:EURUSD   Euro / U.S. Dollar
Today's London session was a bit of a fumble. I am still working on psychology and being confident in my analysis. My overall analysis was correct but executing my trades and accepting losses has been a struggle. If I placed limit orders on all my ideas today the optimum outcome would have been +45RR-including the exception of the EU 1:13RR trade loss due to spread. If we do not count that trade today's recap would still be a +32RR day. For me that is 8k and 16% gain. More stats: 44% strike rate,4 wins and 5 losses, average RR =12.5RR per winning trade.
All in all I am working on execution because the potential P/L looks great to me.
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