GBPJPY -1% Loss
Time of entry: 3PM
Reasons for entry:
- Daily head and shoulders indicating bearish sentiment
- B&R of 4h key level
- Nearly trendily touch
- Nearly 618 touch
Lessons learned:
- Stupid, I've learned this lesson plenty of times before, if the 618 is at the top of my zone, wait for the fucking 618 to be touched as my entry and nothing else, also stops should have been above the 707 fib
- There was more confluence in waiting for the 618 touch than there was getting in where I did as I would have had a 3rd trend line touch aswell and would have still been in this trade
Reasons for entry:
- Daily head and shoulders indicating bearish sentiment
- B&R of 4h key level
- Nearly trendily touch
- Nearly 618 touch
Lessons learned:
- Stupid, I've learned this lesson plenty of times before, if the 618 is at the top of my zone, wait for the fucking 618 to be touched as my entry and nothing else, also stops should have been above the 707 fib
- There was more confluence in waiting for the 618 touch than there was getting in where I did as I would have had a 3rd trend line touch aswell and would have still been in this trade
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