My Short NZDUSD trade hit TP gaining +150 pips and +6% return
Net return in this quarter up to this trade: +29%(17 trades)
Right now my AUDUSD trade is up by 100+ +ve pips. So I am moving the stop loss to 0.8835 locking +60 pips and +2% return.
Right now my AUDUSD trade is up by 120+ +ve pips. Considering the Friday reversal, I am moving the stop loss to 0.8805 locking +90 pips and +3% return.
At last, after 8 days my Short AUDUSD trade hit TP gaining +180 pips and +6% return.
Net return in this quarter up to this trade: +35%(18 trades)
Can you start a MyFxbook account so I can follow along with your trades???
Awesome job on your NZDUSD short! Are you looking to add now that the RBNZ was confirmed to have intervened?
Before adding any positions, I am waiting to see the behavior of price action in the weekly chart at technical levels around 0.7650-0.7700 area.
I believe a bounce at 0.7700-.7650 area can lead price up to 0.8050 before further attempt to make any new lows. On the other hand a solid breakout of this level can drop the price to historical support at 0.7450-0.7350.
Just waiting on the sidelines and observing the comdolls.
Definitely. I will think of that.
Friends,
Today is the last day of 3rd quarter and am here by submitting a quick review on my past trades.
No. of Trade Ideas: 18
Trades Triggered: 18
No. of Wins: 11
No. of Losses: 5
No. of Break Even Trades: 2
Win %: 61%
Average Gain Per Winning Trade: 105 pips / 4.09%
Average Loss Per Losing Trade: 50 pips / 2%
Average Trade Duration : 6.5 Days
[B]Net Gain: +900 pips/+35%[/B]
Details of Trades
Trade No
Link to Trade Idea
Pair
Action
Risk in %
SL in pips
TP in pips
RR
Result in Pips
Result in %
Reason for close
Trade Duration
1
AUDUSD
Long
2%
40
40
1:1
-40
-2%
Stop Loss Hit
6 Days
2
NZDUSD
Short
2%
50
100
1:2
+100
+4%
Take Profit Hit
9 Days
3
AUDUSD
Short
2%
50
100
1:2
-50
-2%
Stop Loss Hit
25 days
4
NZDUSD
Short
2%
60
120
1:2
-60
-2%
Stop Loss Hit
2 Days
5
USDCAD
Long
2%
60
60
1:1
60
2%
Take Profit Hit
9 Days
6
NZDUSD
Short
2%
50
150
1:3
150
6%
Take Profit Hit
5 Days
7
USDCAD
Long
2%
50
50
1:1
0
0%
Trade was Break even as SL was moved to Entry point
6 Days
8
NZDUSD
Short
2%
80
240
1:3
150
6%
24 Days
9
USDCAD
Long
2%
50
50
1:1
50
2%
Take Profit Hit
5 Days
10
AUDUSD
Short
2%
50
75
1:1.5
-50
-2%
Stop Loss Hit
2 days
11
USDCAD
Long
2%
50
75
1:1…5
-50
-2%
Stop Loss hit
2 days
12
AUDUSD
Short
2%
50
100
1:2
100
4%
Take Profit Hit
5 Days
13
USDCAD
Long
2%
70
105
1:1.5
105
3%
Take Profit Hit
5 days
14
USDCAD
Short
2%
30
30
1:1
0
0
Hit moved SL at BE.
1 day
15
USDCAD
Short
2%
40
60
1:1.5
60
3%
Take Profit Hit
1 day
16
AUDUSD
Long
2%
30
45
1:1.5
45
3%
Take Profit Hit
1 Day
17
AUDUSD
Short
2%
60
180
1:3
180
6%
Take Profit Hit
8 Days
18
NZDUSD
Short
2%
50
150
1:3
150
6%
Take Profit Hit
3 Days
TOTAL
+900pips
+35%
So these are my results. What you think about this result ? Is it OK ? or anything is to be done to improve the results ? Please feel free to post your comments.
Thanks
BIJOY
Here is the first trade of last quarter.
Long AUDUSDat 0.8770 with TP 100 pips and SL 50 pips. This trade gives me an rr of 1:1
No posts after 02 Oct…?