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13 – 17 April 2020 (week 2)

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13 April
No. Pair Short/Long Entry Exit P&L Review
1. Gbpjpy Short A- E- -4.82 panic exit when a bearish pinbar formed

2. - Short A- D- -20.56 the correction is obviously a minor one, should have exited early

3. - Short A- E- -14.69 after exit, did not pursue and persist and missed the next entry

4. Usdzar Long E-/G- -2.80

5. Gbpjpy Long B- F-(SL) -23.53 after exit, did not pursue and persist and missed the next entry

6. - Short H-/G- -26.69


F-/D- I saw a bullish pinbar formed, could have exited earlier

7. - Short F-/G- -29.59


F- I entered into the last wave of the correction

8. Usdzar Long G- -40.75


F- after exit, did not pursue and persist and missed the next entry

9. Gbpjpy Short B- 0
E- Panic exit. Price proceed to kill it. Missed SGD100+

10. Usdzar Short G- -50.80


C-

ENTRY
A. Good Structural with Pin
B. Continuation Trade
C. Risky Retracement Entry
D. Wishful Retracement Entry
E. Enter Too Early
F. Enter Into a Correction
G. Lousy Pin Entry
H. Grudge Entry

EXIT
A.TP hit
B.Close while Ahead
C.Exit while Trade not Feasible
D.Could Have Exit Earlier
E. Panic Exit
F. SL hit
Pinbar at the end of impulse VS Pinbar at the end of a correction

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Pinbar at the end of a impulse


Price continue on with the trend

Pinbar at the end of a correction,


Signifies price reversal.

Pinbar at the end of an impulsive move,


Trend continues downward.
Same REVERSAL Patterns on both Aprils 2019 and 2020

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16 April 2020 (Wed) The DROUGHT CONTINUES

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No. Pair Short/Long Entry Exit P&L Review


1. Usdzar Short B- E- -13.98 Saw the price has made another corrective move to the upside

2. Gbpjpy Short E-/G- E- -7.03 Entered based on pinbars, nononononoooo

3. Usdzar Short B-/G- E- -42.22 Saw that first pin and jumped on it. And not let a 3 wave unfold.

4. Gbpjpy Long A- F- -43.24 Just didn’t work out.


Price was lingering at the entry zone, pinbars were formed, hour
after hour, when the fourth one was formed, I was having dinner
at 10pm, the price just shot down, missed $100++

ENTRY EXIT
A. Good Structural with Pin A.TP hit
B. Continuation Trade B.Close while Ahead
C. Risky Retracement Entry C.Exit while Trade not Feasible
D. Wishful Retracement Entry D.Could Have Exit Earlier
E. Enter Too Early E. Panic Exit
F. Enter Into a Correction F. SL hit
G. Lousy Pin Entry
H. Grudge Entry

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