[AUDUSD Backtest] Buy Idea
I am currently backtesting this losing AUDUSD trade to identify what was done right and what I could have been done better. Overall I had the structure of the trade perfect down to the take profit, but the issue with this trade was the stop loss was too tight. I understand the uses of supply and demand zones now, so I will be less likely to make this mistake again in the future. If I had properly created a 15 min demand zone, the trade would have gotten a sniped entry and I would have made a great amount of money. Unfortunately I made a stop loss which was 6 pips too tight and it stopped out.
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