Filipino FX Strategy

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Notice

I am contacting with abroad FX, Stock companies,  I have been looking for the companies that are possible for Philippines’ citizen to trade relief. 

I am looking forward to beginning your trading life. I am effort it!

Style

Start Money : Around 17,000 pesos
Trading style : Swing trade
Target : Become Twice Through End of 2020.

• T = Trading time   
• W = Win 
• L = Lose 
• WP = WinPercent %   
• P = Having Position(s)
• Pro : Profits   
• Lo : Lose Money   
• PP : Positioning’s Profits or Lose

11/16 – 11/21 week record

T : 1    W : 0    L : 0    P : 1    WP : 0%    PP : +1,063 Pesos

Week chart

The Chart has pulled back 5 times by the purple line.
I expect the candle chart will go down again, so I aim at “SELL” this time.

Day chart

I waited for the candle to go down, then I get a position at 76.18 line.
At the same time, I aimed at the exit point, which is at green cycle area.

Reason: 
At the pass, the candle kicked back 2 times by purple line and White Line (200 EMA)
I guess when the candle touches the points, It will kick back again. 

4H chart

The candle is going down and it could successfully break the purple line.
After a while, the chart kicked back by White Line (4 Hours EMA)

Now, I have 2 options:

1:
The candle will not go down again instead, it will go up my strategy is failed, so I have to exit.

2:
If the candle will go down again, I will keep the position and have to check the candle will be able to break the White Line (200 EMA).

1H chart

The Pink Line is the same level 4H White Line. 
As a result, If the candle can break out the Pink Line, it will be able to break 4H White Line (200 EMA). 

However, If the candle will fail to break out the Pink Line, it means, it failed break 200 EMA, so I will exit this position.

Note

Actually, I might get position more eelier. This is reflection points.
My story is “Goes down” it is continuing. I have to care the candle change the trend.