Wednesday 16th of March

Good morning folks, I hope you are well!

I’ve arrived in Marseille, so now it’s time for me to figure things out, you know, the important stuff – where are the good coffee shops. All the rest will come afterward right? I mean, without coffee can you really enjoy life?

I already found a nice brewery yesterday, so that’s a good start 🙂

Anyway, time for the bad news.

THREE TRADES TOOK PLACE OVERNIGHT

I have orders to catch all three of them, however, it’s not guaranteed that they will pull back to offer me a trade entry.

I decided to place orders since had I been awake (or backtesting) I would be in these positions. While a pullback to their original entry prices would lower the likelihood of success, I’ve decided to keep them on.

AUD/NZD

Not going to dive into the 1hour, where there was a scale in, however, there was one so I’ve got an order there as well.

AUD/CAD

Also missed the original entry on Aussie Canadian. Ugh. Well, nothing I can do about it I guess. Except for placing alarm clocks overnight, which is something I have decided against a long while ago. But this hurts.

Please do not take the same positions if they do not fit your trading plan. They have a lower strike rate than executing at the original time of entry.


FX Watchlist

AUD/JPY

Keeping this pair on watch for a potential double top formation, however, I’m keeping in mind I have a bullish bias on the other pairs.

NZD/CHF

Clear area for a potential short is above this area, so let’s keep our eyes on

USD/CHF

It reached the area of interest and started to pullback, so I am personally “hoping” to see another leg higher and then a reversal before taking my position short.

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