From loss to loss.... now time for profit?

Positions

these are my open positions to start the week:

- short Platinum
- short Oil
- short GBP/CAD (cautious ready to close up price breaks to upside)
- short EUR/USD ( slightly cautious if buyers are still present)
- short EUR/JPY
 
Oil hit take profit.

I'm liking these shorter term trades, get in and swiftly take profit out of the market, much less stress
 
closed GBP/CAD- looks like a pop to the upside is probable according to 4hr chart

closed EUR/USD- changed my view to neutral on this pair, the 4hr chart suggests there is a possibility of a pop higher.

closed EUR/JPY- feel like I am not patient enough to trade with a stop loss that wide, would rather wait for a pullback on the daily chart
 
only open position is Platinum- which I am cautious about as it looks like buyers may step in

I understand this journal must be frustrating to read with me changing my mind all the time......
 
short AUD/USD - only open trade

- 4hr trend change
- break through trend line and 4hr close below previous low of 0.70174
- stop loss above previous high at 0.7059
- conservative take profit at 0.6959

also bearish pin bar at key level and 10 day EMA on daily chart in line with downtrend
 

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AUD/USD hit take profit over night, not bad to wake up to

loving these short term swing trades
 
GBP/USD short

- break of short term trend line
- lower low with strong close
- close below 10 day EMA
- moving averages crossed to downside

- lower high on the weekly chart
 

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burnt by that GBP/USD trade.....perhaps waiting for a stronger close below 1.534 would have been a better decision

still bearish on the pair, waiting for a drop to the downside
 
buy Platinum 4hr pin bar

snapped up a quick profit on this trade

- bought on the close of the bullish pin bar at trend line support
- higher low

- stop loss below low of pin bar at 960.2
- conservative take profit at 974 due to bearish nature of daily trend
 

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short EUR/JPY and Platinum overnight profit

EUR/JPY

- close below previous low to form lower low
- close below moving averages
- moving averages still crossed to downside
- stop loss above previous high at 137.481
- very conservative take profit at 133.935


Platinum

- bearish pin bar in line with short term down trend
- moving averages closed to downside
- close below moving averages
- stop los above high of pin bar
- conservative take profit at 960.9
 

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highly enjoying my new style of trading of taking quick profits. Others will criticise saying you need big winners to cover losses however I am having a very high winning percentage trading this way so far.
 
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