GBP/AUD: Review!!!
This it's my last review that I will make now. So, during the past week I trade GBP/AUD to long position. Also, I was in profit like 99 pips equal of 5.67% in profit. But I loss 2.96% in this trade. Also to work a little more in this analysis, I found out 2 points to work in my experience.
1. When I believe that GBP/AUD forming a double bottom, and I cached very good the smart buy zone. I suppose to be pending in the formation of the price when we see a bearish pressure. in the higher point whrere I was in profit, I supposed that at least I can to get like 60 or 50 pips in profit.
2. The most important it's update our technical analysis, If I made a good entry in the smart point when I was in long. It's suppose to be a little more cautious when GBP it's in the bearish trend. And suppose to look in H4 to watch this analysis
When we see this bearish line diagonal, it's a moment to take profit from this point when I was in good, and then closed up the long position, as opportunity to short in the exact point here.
But my analysis was there, and I don't update and draw the bearish line that follow the downtrend. ]
So, it's the only mistake that I found out. Also, I was in profit in this par, but keeping the trade as look bullish by double bottom, it's necessary to work a little more this analysis to apply in my experience. What my result was a lost of 2.96%.
Now, talking about in this week. I only get an earned of 4.33% in GBP/USD and loss in 6.66% in AUD/CAD and now another loss of 2.96% in GBP/AUD. So, in this week, I get -5.29% in loss, what in my monthly progress still in 17.99% what my account decrease -5.29%. What it's mean that I hold 12.70% in profit during this month in September.
But well, my monthly goal it's to reach 20% as minimum target in my investment in Forex market. Now, we're human and we're not perfect, everyday we would to work hard in Forex market.
So guys, nothing it's everyday a good streaks, sometime we have bad streaks. Now, on this week we hope more opportunities in Forex market to view!!!
1. When I believe that GBP/AUD forming a double bottom, and I cached very good the smart buy zone. I suppose to be pending in the formation of the price when we see a bearish pressure. in the higher point whrere I was in profit, I supposed that at least I can to get like 60 or 50 pips in profit.
2. The most important it's update our technical analysis, If I made a good entry in the smart point when I was in long. It's suppose to be a little more cautious when GBP it's in the bearish trend. And suppose to look in H4 to watch this analysis
When we see this bearish line diagonal, it's a moment to take profit from this point when I was in good, and then closed up the long position, as opportunity to short in the exact point here.
But my analysis was there, and I don't update and draw the bearish line that follow the downtrend. ]
So, it's the only mistake that I found out. Also, I was in profit in this par, but keeping the trade as look bullish by double bottom, it's necessary to work a little more this analysis to apply in my experience. What my result was a lost of 2.96%.
Now, talking about in this week. I only get an earned of 4.33% in GBP/USD and loss in 6.66% in AUD/CAD and now another loss of 2.96% in GBP/AUD. So, in this week, I get -5.29% in loss, what in my monthly progress still in 17.99% what my account decrease -5.29%. What it's mean that I hold 12.70% in profit during this month in September.
But well, my monthly goal it's to reach 20% as minimum target in my investment in Forex market. Now, we're human and we're not perfect, everyday we would to work hard in Forex market.
So guys, nothing it's everyday a good streaks, sometime we have bad streaks. Now, on this week we hope more opportunities in Forex market to view!!!
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