1. What Session was the Order Placed? -- Asian 2. Long or Short? -- Short 3. Was it a Curve Trade? -- No 4. What was the Planned Target? -- 4.5:1 5. What was your Planning Process? -- RS > Curve > Levels > SET
Follow your Trading plan, remain disciplined and keep learning !!
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Trade active
Entry was met in the early US Session.
Monitor the Chart Patterns and watch for potential reversals. There is some Supply at 0.6550, so watch for potential reversal patterns there. Otherwise, stay the course.
Trade closed: stop reached
Trade active
Short Entry was met early Asian Session.
Trade closed: target reached
Price danced around sideways for awhile then the Interest Rate was cut by 50 bp and the NZD plummetted.
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