AUD/NZD

AUDNZDH4-4-sierpnia-2015-1024x516

Downward correction closed the position on SL. It is worth noting, that the signal that appeared a little bit later also ended the same way. Immediately after hitting stop-loss price shoot up almost 200 pips. Such situations will occur and are integral part of daily trading.

We just have to compatible with them, although it is sometimes really difficult.

EUR/AUD

EURAUDDaily-4-sierpnia-2015-1024x516

My transactions script did not allow opening trading position here. D1 and W1 trend is upward and RR ratio is around 3,5:1 which is too small for me. So far the price falls, but with so broad SL order the position still would not have been secured.

EUR/JPY

EURJPYDaily-4-sierpnia-2015-1024x516

Similar situation on euro to yen currency pair, but here the RR ratio would be even smaller. The system is designed in such fashion, that it prefers playing with the trend – all the counter positions are permitted only when potential TP to SL ratio is really high.

GBP/USD

GBPUSDDaily-4-sierpnia-2015-1024x516

Cable transaction is still open – the pair maintains inside the consolidation just below the resistance. We can see that market situation is now severe (lack of clearer trends) and the weaker performance of my Price Action system should not be really surprising.

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