Beating Alpha

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TRADE, AUDJPY, 1.9.2016

TRADE SUMMARY: AUDJPY pair was getting to a zone of previous resistance. 78.22 was a POC of previous supply. Unfortunately the slow action killed this entry. 

Good:

  • good entry on SUP

Bad:

  • slow grind, could have exit pre 78.22

To Improve:

  • ACU pre breakout was an indicator of risk, did not take it into consideration

Result:

-1R

SCREENS:

D1

H1

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