Live Trade Overview
A Teen Trader is an educational Site Only. Risk what you can afford to lose.This was my final trade on the week of March 9th, i finished on a nice AUD/CAD win. I Captured 6-7 pips a position off a nice 5m time frame formation. I will try to start posting overviews of 2-3 trades a week, wins and losses, for you to learn as much as possible. 5m Time Frame My Entry: My entry was based off the 5m time frame, and was very simple, i saw massive rejections from the higher time frames, and i saw higher highs and higher lows on this 5m chart. so on the third touch, i took buys, and i sold after i captured some pips and started seeing some exhaustion in the markets. How to Improve: This trade was perfect, i have no late entry, i have no mishap on early tp, i took profit where i did simple becasue it was the end of the week and the market dies down and or begins to reverse toward the last few hours. This i a test book scalp and i hope you all learn from it! Happy Trading!
Check out my NEW YouTube Video on Breakouts (here).