I will be starting a journal to keep myself accountable. I willl be swingtrading XAUUSD with a discretionary target and daytrading on 30M charts in EURUSD and AUDUSD for 10 pips targets.
I started today with a long gold position at 1905 USD because price closed on 31st of december above sma100 so far so good.
I scalped 10 pips in AUSUSD with the trend and 10 pips agains the trend when a pinbar formed at level. At this moment there is a bearflag forming with a target of 1.7631 but the 30m bar has to close below the trendline.
I am short audusd @ 1.7664, I will take half of at +10 and then move my stop to be and try to take the rest of at 1.7631
please trade carefully to achieve reward : risk ratio of > 2:1, and a win rate of > 50% or RR ratio > 1:1 and win rate of > 75%. As of now, I see absolutely zero sign of life in AUD. do note that aud usually moves when there is some major external news. eg yesterday during the US session, the market was down. Then aud just followed.