Hello all, hopefully you had a profitable overnight session :).
The conditions did not line up for the 7am EUR/USD short trade this morning.
Next trade: the 9:30am GBP/USD long trade.
Yes, darkstonexa…I’m glad that you brought that up. I just realized that this was my mistake. The 6:30am CST bar closed up yesterday instead of down yesterday, which does mean that the trade should have been entered. So, officially, the trade would have been entered at 7am CST and stopped out yesterday at around 10am CST.
Sorry for the confusion, hopefully it didn’t cause too much trouble…
The conditions lined up for the 9:30am GBP/USD long trade. Here is the setup:
Entry Price: 1.5662
Exit: at the open of the 6:30pm CST bar
S/L: 1.5622
TP: 1.5682
Happy trading!
The conditions lined up for the 12:30pm GBP/USD long trade today as well. Here is the setup:
Entry Price: 1.5641
Exit: at the open of the 3:30pm CST bar
S/L: 1.5611
TP: 1.561
Based on current price levels, I recommend taking this trade at a lower lot size. Also, we are still in the 9:30am GBP/USD long trade until 6:30pm CST.
Good luck!
Sorry for the late update, but the conditions did not line up for the 3pm GBP/USD long trade or the AU open EUR/USD short trade today.
The 12:30pm GBP/USD long trade did not reach TP or S/L and we are still in the 9:30am GBP/USD long trade until 6:30pm CST.
Good morning friends,
The 9:30am GBP/USD long trade did not reach TP or S/L yesterday.
The conditions lined up for the 7am EUR/USD short trade this morning. Here is the sertup:
Entry Price: 1.3386
Exit: at the open of the 11am CST bar
S/L: 1.3446
TP: 1.3366
Based on current price levels, I recommend taking this trade with a lower lot size.
Good luck!
The 7am EUR/USD short trade reached TP today. Here is how the trade played out:
Entry Price: 1.3386
Exit Price: 1.3366
Trade length: 4 bars
Profit: 20 pips ($200)
Due to the upcoming market closure, we will only have one other opportunity today. Next trade: the 12:30pm GBP/USD long trade.
Sorry for the late update folks, but the conditions did not line up for the 12:30pm GBP/USD long trade today. That’s all for the week friends.
Have a safe thanksgiving holiday, and I will update the board on Monday. Cheers! :):)
Happy Thanksgiving too you also tradetilidie. I appreciate your posts. My life is slowly changing with your help and I am thankful.
Thanks for the kind words JoeFX, I’m glad I can help
Hopefully you all had a great Thanksgiving and a profitable evening last night!
The conditions lined up for the for the 7am EUR/USD short trade this morning. Here is the setup:
Entry Price: 1.3354
Exit: at the open of the 11am CST bar
S/L: 1.3414
TP: 1.3334
Happy trading!
Thanks for the question wvehoven,
Are you referring to this morning’s trade or all of the systems in general?
The 9:30am GBP/USD long trade conditions did not line up this morning. Although, we are still in the 7am EUR/USD short trade until 11am CST.
Next trade: the 12:30pm GBP/USD long trade.
The 7am EUR/USD short trade reached TP. Here is how the trade played out:
Entry price: 1.3354
Exit Price: 1.3334
Trade length: 7 bars
Profit: 20 pips ($200)
Next trade: the 12:30pm GBP/USD long trade.
The conditions lined up for the 12:30pm GBP/USD long trade. Here is the setup:
Entry Price: 1.5507
Exit: at the open of the 3:30pm CST bar
S/L: 1.5477
TP: 1.5517
Based on current price movement, I recommend taking this trade with a lower lot size.
Good luck!
The 12:30pm GBP/USD long trade reached TP. Here is how the trade played out:
Entry Price: 1.5507
Exit Price: 1.5517
Trade length: 1 bar
Profit: 10 pips ($100)
Next trade: the 3pm GBP/USD long trade.
The conditions did not line up for the 3pm GBP/USD long trade. Next trade: the AU open EUR/USD short trade.
The conditions lined up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.3315
Exit: at the open of the 7:30pm CST bar
S/L: 1.3355
TP: 1.3305
Happy trading!
The AU open EUR/USD short trade reached TP. Here is how the trade played out:
Entry Price: 1.3315
Exit Price: 1.3305
Trade length: 4 bars
Profit: 10 pips ($100)
That’s all for the day friends. Have a great evening and will update the board in the morning
hi
i am watching your stats daily
sometime u say ‘The conditions lined up for the AU open EUR/USD short trade’ and sometime u say 'The conditions did not line up for the 3pm GBP/USD long trade’
i want to know how will you decide condition?
thanks
Thanks for the post pachchu77,
I lay out all of the details of each trade here:
http://forums.babypips.com/newbie-island/37996-great-trading-strategies-64.html
Hopefully this helps!