The start of the week was kind of slow. I was thinking all weekend of my trading strategy since I just recently got back into the game. So I came up with something and when Monday rolled around I slept in and missed London. However, the day was slow and I didn't miss anything. So now came Tuesday and I was trying to short the EUR/JPY and it just kept ranging on me so when all was said and done I had -.5 pips from trying to short EUR/JPY. While I was trying to short EUR/JPY I got an entry for long Cable and I took it. When I locked in 50 pips I went to bed and got up during mid New York and closed it out for 101 pips.
My goal is 100 pips a week. So anything more this week will just be icing on the cake and compensation for future slow or bad weeks. Off to a great start this week, I am going to get some icing for my cake and eat it too!
Here is a link to the Cable trade:
http://home.natefico.com/trade1w1.gif