Trade, AUDJPY, 17.8.2016

TRADE SUMMARY: D1 SFP in front of DZ, hard decision. Went long on the order retrace back to the ignition. Driver initiated through from NEWS up to first level of trouble, also could be considered FTB pattern I as facing again. Could have exit there but target was higher. On a retrace back and min. PA to return back above prev HIGH I have exited. 

Good:

– managing the exit

Bad:

– FTB against you

– D1 SFP just in front of DZ

To Improve:

– take into consideration other plays that go against you

Result:

1.3R

SCREENS:

D1

H1