Price Action on the daily USD/SEK

[darthnihlus]

As you can see from the post count I'm a newb here. I opened up a Oanda practice account last week and have placed 11 so far. My last 5 trades were based using PA and daily pin bars.

At the time of the trade the H/L was 6.3697 and 6.2999. I placed a sell at the 50% retrace (6.3348) with SL at 2/3 of the H/L range. The SL was entered at 6.3465 with a 2:1 RR ratio. That placed the TP at 6.2998. It only took 2.5 hours to make my 0.0350 (entry @6.3348 & TP @6.2998). Is this 350 pips?

I got SL on my first 2 PA trades. I went long EUR/USD losing 107 pips and short on GBP/ZAR down 213 pips.

On my last 3, I'm up on:

GBP/JPY
sell 5/11 21:06 EST @132.946
SL @ 133.317
TP 5/12 4:42 EST @ 131.827

USD/SEK
sell 5/12 8:57 EST @ 6.3346
SL @ 6.3465
TP 5/12 11:35 EST @ 6.2996

USD/DKK
sell 5/12 9:08 EST @ 2586
SL @ 5.2655
TP 5/12 11:25 EST @ 5.2383

How am I doing?

 

[Pharaoh]

Interesting selection of pairs, but if it works for you, then don't listen to any complaints.

 

[darthnihlus]

Interesting selection of pairs, but if it works for you, then don't listen to any complaints.

I was just tooling around looking for pin bars to test my price action set ups. The pin bars just happen to appear for these pairs. I will most likely focus on the majors once I am ready to go live.

Thanks for listening (viewing) and commenting.