Disclaimer: I am not a perfect trader and not the best one in the Falcon community but I thought to post the trades I take in order to help people avoid the mistakes I do and potentially learn from them!
I would love to see some feedback on them so feel free to comment here or on slack!
These trades are all based on what is taught at Falcon Trading Guidance if you are not a member visit the website here!
Anyway… Let’s get to the interesting part:
First Week of May 2018
This week I ended up taking 4 trades for a total of 0.85% (which could’ve been a lot more, however, I am happy with that results since the trades were good, the only thing I have to work on is the management)
The first one was EUR/JPY on the 30th of April for 0.03%:
The second trade I took was EUR/USD (short) on the second of May for -0.27%:
The third one was EUR/JPY (short) on the 2nd of May for 0.03%:
The last trade I took this week was CAD/JPY (short) for 1.07%:
Overall, I like every single entry I took, and I have no regrets for the entries.
That being said, it is clear to me that I may want to dig deeper in my management, had I managed EJ and CJ differently my return for this week would’ve been in the double digits.
However, I am happy, I followed my trading plan to the letter – now is a question whenever I should change it or not, which shall be answered by several hours of backtesting and analyzing my past trades.
I hope you folks were able to capitalize on these trades throughout the week! And if not what trades did you take?