Weekly Trading Recap: ADAUSD, BTCUSD, NZDJPY, USDJPY Feb 13 2021
Hello everyone:
Welcome back to the weekly recap video. This week I entered just 3 trades, closed down 2 trades and I still have several positions open. Let's take a look into it.
ADAUSD - Currently running about 7% in profit.
Price continues to push up impulsively on the lower time frame.
I have set a TP of $1.
Full analysis/forecast:
BTCUSD - Running about +12% in profit in both trades. I scaled in another buy entry once price broke ATH, and formed LTF continuation correction.
Full analysis/forecast:
NZDJPY - Take a 1% loss.
Got in on this entry when price broke down from the ascending channel, and formed a LTF correction. I stick to my plan to let the trade run since it hasn't reach 1:1 profit yet to allow me to move the SL to BE.
Full analysis/forecast:
USDJPY - Trade close for 0.5% profit. Had my SL at BE first, then moved up as I saw the LTF turned in bearish price action. My plan was to secure some profit if price no longer shows further bullish continuation price action.
Full analysis/forecast:
Any questions, comments or feedback please let me know.
Enjoy your week. :)
Jojo
Welcome back to the weekly recap video. This week I entered just 3 trades, closed down 2 trades and I still have several positions open. Let's take a look into it.
ADAUSD - Currently running about 7% in profit.
Price continues to push up impulsively on the lower time frame.
I have set a TP of $1.
Full analysis/forecast:
BTCUSD - Running about +12% in profit in both trades. I scaled in another buy entry once price broke ATH, and formed LTF continuation correction.
Full analysis/forecast:
NZDJPY - Take a 1% loss.
Got in on this entry when price broke down from the ascending channel, and formed a LTF correction. I stick to my plan to let the trade run since it hasn't reach 1:1 profit yet to allow me to move the SL to BE.
Full analysis/forecast:
USDJPY - Trade close for 0.5% profit. Had my SL at BE first, then moved up as I saw the LTF turned in bearish price action. My plan was to secure some profit if price no longer shows further bullish continuation price action.
Full analysis/forecast:
Any questions, comments or feedback please let me know.
Enjoy your week. :)
Jojo
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