AUDCHF short trade on 10/3/22
Pre-Analysis:-
- Trend alignment to the upside on daily & 4 hour timeframe. This trade I use hourly timeframe for entry.
Entry:-
Post Analysis:-
- Trade closed with loss
- This mistake that I should not make, the SOS test was not in uptrend system.
- I closed the trade as price came down rapidly toward my stop.
- The next test with system turn uptrend was a place to take long trade and it gave profit as shown on the chart above.
- I could not take a second trade as the loss before make my confident down. As a result I loss the opportunity to regain the loss trade before.
- Please follow all the trading rules.
- DO NOT BREAK TRADING RULES!!