3TJ Third Trade Journal

Third Trade Journal (3TJ) has opened for Forex demo account with deposit of 5000 dollars (5000 $).

Strategy: PA (Price Action) and JC (Japanese Candlesticks) without any indicators.
Timeframe: Daily.
Pairs: Major pairs and some Cross pairs.

3TJ-1PO (Third trading journal -First pending order)

Pair: USDJPY

Pending order: sell limit
Lot:0.1

Entry:124.150

SL: 124.700

TP: 123.350

Reward/Risk:1,45

Setup: 2BR (2 bar reversal)

2 Bar reversal for me means (sell limit case) that we have first candle that hit resistance, and second bar that close of second candle is lower than low of first bar.

3TJ-2PO (Third trading journal -Second pending order)

Pair: GBPUSD

Pending order: sell limit
Lot:0.1

Entry:1.56400

SL: 1.57000

TP: 1.55300

Reward/Risk:1,83

Setup: 2BR (2 bar reversal)

2 Bar reversal for me means (sell limit case) that we have first candle that hit resistance, and second bar that close of second candle is lower than low of first bar.

This blog is intended for education and learning and presents some of the techniques of trading and investing, and not for providing advice for trading and investing.
If you are not experienced in trading (at least a few years), do not invest your money.