Jan 12 – Jan 17 2020
How did these do?
AUDCAD – Shorts were in play and four hour chart failure tests sets up the fall for 40 pips
AUDCHF – The pullback gave a reversal candlestick entry for 60 pips
AUDNZD – Another pullback that ends with a reversal candlestick with little movement 12 pips
EURUSD – 42 pips upside until price crashed
GBPNZD – Price continued to range
NZDCAD – Price ranged
NZDCHF – Price broke downside
NZDUSD – Price ranged
290 pips potential at the beginning of the year is decent. As a reminder, it is not the pip count that matters it is the $$ amount of each pip.
This year, set your goals for your trading. One thing to consider is your approach to risk for each trade. You can learn more about risk in trading here.