My trading analysis//My Actifit Report Card: May 1 2024
Hello, my dear friends, welcome to the 2nd day of May. This year is running too fast 🤣🤣, who is gonna tell it to slow down a bit? Lol
I just came to drop my count for May 1st because I don't want to lose some points.
May 1st was a public holiday in Nigeria and it was tagged Workers Day. During the morning section of my day, I went to charge my power bank in a phone charging center, came back home, and prepared beans that I ate in the afternoon.
I also did some practice with my demo trading account, after analyzing the market, I took a sniper entry on XAU/USD in the 5-minute time frame at level 2291.70 and my SL 2289.57. My Tp 1 was at 2312.94, Tp 2 was at 2327.72. My stop loss was so tight because I followed the market carefully and executed the trade at the perfect time. I didn't have much drawdown before it reversed and started its bullish form. About 2 hours later, it almost hit my TP 1, but it started forming a double top. And with my analysis, is going for a retracement. So I gat to close it with good profit because I have other activities to attend to which will make me not follow up the trade, so is better for me to close with the little profits before I don't know if is gonna go do and hit my stop loss. That would be a bad trade for me 🤣🤣.
A few minutes past 1 pm, I started the #partytime/room threadcast which lasted till the evening time when I went to church for the midweek service.
When I came back home, I checked my Trading view and discovered that the trade later hit my Tp 2 after the retracement. 😜😜😜, am glad that my analysis worked perfectly well even if I didn't follow the trade till the end.
Thanks for checking on my report card for the 1st day of May. Even as we pray God to lead us not into temptation but to deliver us from all evils.
Thanks for your support and encouragement.
The screenshots were taken on my phone Infinix Hot 10 pro.
This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io
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