#EURJPY Daytrading Analysis - What went wrong?

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Good Day Traders!

Many times, there is no time to publish my trade ideas on time because I am in a different language zone from TV active.

Despite that, I would like to post my trade results including my analysis for you.

It is for educational purposes. I do that after every trade to see what went wrong or not?

All trades, by the way, are real!

Strategy

#EURJPY - Daytrading Setup 07.10.2020


Entry

• SR (support becomes resistance)
• Weeks - VWAP Confirmation

Exit

• Volatility-based
• Back to outbreak level
• Maximum risk of 1% of the capital
o Exit with slippage

Comments

I was thrown out of the market with slippage. The setup was so far ok with the VWAP confirmation, but I paid too little attention to the overnight news. These have clearly given the market strength.
Improvements

1. Review news results more carefully
2. Carefully review long-term charts

תמונת-בזק

כתב ויתור

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