Let’s cut a long story short, it’s all in the thread title. Live trades to come and a link to a mirrored myfxbook account to my personal FX account…
Live trades will be called during the weekend and include a single trade for both GBP.USD and EUR.USD. All pending orders are removed on Thursday at midnight UK time should they have not been triggered.
If you disagree with a demo account then just move on, I get it. The trades will be called here live before they are taken regardless. So let’s enjoy the journey.
So this week has closed at +4.01% with just the single trade triggered in GBP.USD.
The entry fell short in EUR.USD, although the move to the downside did take place - comforting to see when looking at the market bias as it was correct.
We’ve got some very promising levels lining up for the new coming week - dare I say these levels have lined up like a textbook example.
I’ll post the pending orders at such levels over the weekend with trade parameters once the market has closed off.
I love to be noted with those that win. Today just save me from a problem of loosing of my fun…
Like the first day in school compound it was my funding day… To up to something.
Thanks fdor been there for me.
Note: As always there are exceptions to where a trade may be entered. An 'at market’ trade may take place and will be shown on the live account. Although rare, it’s something to consider if you follow these signals.
The above pending orders will be removed at Thursday midnight UK time if not already triggered.
Statistics show that EUR.USD is almost twice as likely to have a more accurate entry point when compared to the GBP.USD order. Let’s see if this holds up - as always it’s not a guarantee.
Well this trade is still open, for now. We were at one point about two or three pips away from the SL being triggered - at the time of typing this we have recovered half of the loss but are also approaching a new intraday support (which is not ideal when in a short position).
Some trades turn into a shambles and become erratic, this is one of those that we just have to accept.
Here’s an update with visual levels marked out on the 4H TF for clarity - “chop chop chop in the market”
You’ll also see the pending order sat in the order details section for GBP.USD as we noted on the “Sunday Calls” for week 5/52.
Currently about 80% of retail traders are also short EUR.USD, with a mere 20% long. I’ve lined myself up for the slaughter good and proper this time
GBP.USD long order is still pending with the level not hit to the downside at 1.30260 - Ideally I was hoping that this would have been triggered yesterday evening when the UK Brexit votes were taking place; but it could still happen today with some high impact USD news out later today in both Fed Rate and GDP.
A slow week on the whole - stats show that most trades are opened on Monday or Tuesday for the week when looking over the data back to 2008.
That’s an interesting thought as I was looking over the GBP crosses only this morning - but only as a visual activity. This specific account linked here in this thread is systematic in defining parameters, although manual from a parameter inputting point of view.
I’ll see what change I have in my 'fun coupons’ account for these crosses
Sounds ideal for me, 2980 is within my stop threshold for a long - time will tell, it’s been teasing all day…
I’ve never been a fan of utilising EG - but i’d like to see it become a more ‘tradable’ pair once we leave and Brexit is under way. A pair to look out for in the next 6 months to a year, IMHP