The AU open trade did not reach TP or S/L today. That’s all for the day friends; have a great evening and I will update the board in the morning.
Good morning all,
Hopefully you were able to pick up a bit of profit during last night’s bear move
The conditions did not line up for the 7am EUR/USD short trade this morning. As you are trading today, keep in mind that we just saw a pretty drastic reversal of the continuing uptrend. The market is likely to be a bit more noisy than yesterday as we will be entering a period of expanding range soon.
Good luck throughout today’s session! Next trade: the 12:30pm GBP/USD long trade.
The conditions did not line up for the 12:30pm GBP/USD, or the AU open EUR/USD short trade today. That’s all for the day friends; have a great evening and I will update the board in the morning!
Hello friends,
The conditions did not line up for the 7am EUR/USD short trade this morning. 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: 1.5739
Exit: at the open of the 3:30pm CST bar
S/L: 1.5709
TP: 1.5749
Based on current price action, I recommend taking this trade with a lesser lot size.
Good luck!
The 12:30pm GBP/USD long trade did not reach TP or S/L, and the conditions did not line up for the AU open EUR/USD short trade.
That’s all for the day friends. Have a great evening, and I will update the board in the morning!
i closed out my aud positions made 2.2k =D and went long usdcad
I’m not going to do the complete set up for my week summary. I got killed should suffice. My combined profit for 6 weeks is now -155 pips.
I did run some numbers on how the trades have preformed over the last 6 weeks for me.
The 7:00 Trade I’ve tried 28 times over the last 6 weeks. I missed 2 tries when on vacation.
Out of the 28 tries, 17 Didn’t meet the requirements to open.
Out of the 28 tries, 7 Hit TP
Out of the 28 tries, 3 Hit SL
Out of the 28 tries, 1 hit time out.
This trade isn’t paying off for me. The 3 hitting Stop Lose is -180 pips. The 7 hitting TP is +140 pips. The time out was -20 pips. So my net on this trade over 6 weeks is -40 pips.
On the 12:30 trade I’ve tried 28 times over the last 6 weeks. I missed 2 tries when on vacation.
Out of the 28 tries, 13 Didn’t meet the requirements to open.
Out of the 28 tries, 5 Hit TP
Out of the 28 tries, 1 Hit SL
Out of the 28 tries, 9 hit time out.
This trade isn’t paying off for me. The 1 SL was -30, the Hits are +50, the Time outs worked out to -60 pips. The net is -40 pips also.
On the AU Open trade I’ve tried 29 times over the last 6 weeks. I missed 1 try when on vacation.
Out of the 28 tries, 15 Didn’t meet the requirements to open.
Out of the 28 tries, 7 Hit TP
Out of the 28 tries, 2 Hit SL
Out of the 28 tries, 4 hit time out.
This trade isn’t paying off for me. The 2 Stop Lose was -80 pips, the hit TP is +70 pips, the Time outs is -55 pips.
My highest TP percentage is 64% on the 7:00am Trade. The 12:30 trade only hit TP 33% of the time. My AU open hit TP 54% of the time.
I’m going to keep messing with this strategy, but I’m not going to update as much on it. I think there is promise here, but it is a true Long Term strategy. I think years over months is what is needed perhaps.
Good morning all,
Let me start by apologizing for disappearing unexpectedly last week. I came down with the flu and was unable to perform basic functions, so trading was completely out of the question (as was updating the thread). However, I have since completely recovered and am “back in the saddle,” so to speak
The conditions lined up for the 7am EUR/USD short trade this morning. Here is the setup:
Entry Price: 1.3115
Exit: at the open of the 11am CST bar
S/L: 1.3165
TP: 1.3095
Happy trading!
The 7am EUR/USD short trade did not reach TP or S/L. Next trade: the 12:30pm GBP/USD long trade.
The conditions did not line up for the 12:30pm GBP/USD long trade, or the AU open EUR/USD short trade today.
That’s all for this Monday; good luck in the overnight session and I will update the board in the morning!
Good morning all,
The conditions did not line up for the 7am EUR/USD short trade this morning. Good luck in the session until later; next trade: the 12:30pm GBP/USD long trade.
The conditions did not line up for the 12:30pm 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: 1.3083
Exit: at the open of the 7:30pm CST bar
S/L: 1.3123
TP: 1.3073
Happy trading!
The AU open EUR/USD short trade reached TP. Here is how the trade played out:
Entry Price: 1.3083
Exit Price: 1.3073
Trade length: 5 bars
Profit: 10 pips ($100)
That’s all for the day. Good luck in the overnight session, and I will update the board in the morning.
Good morning friends,
Hopefully you were able to make a bit of profit during last night’s session
The conditions did not line up for the 7am EUR/USD short trade this morning. Next trade: the 12:30pm GBP/USD long trade.
Sorry for the late update, but the conditions lined up for the 12:30pm GBP/USD long trade and it reached TP. Also, the conditions lined up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.3032
Exit: at the open of the 7:30pm CST bar
S/L: 1.3072
TP: 1.3022
Happy trading!
Good morning all,
Sorry for the late update, but the AU open EUR/USD short trade reached TP last night.
The conditions did not line up for the 7am EUR/USD short trade this morning, but be sure to be careful trading throughout the day as we have just entered a period of expanding range.
Next trade: the 12:30pm GBP/USD long trade.
The conditions did not line up for the 12:30pm GBP/USD long trade. Next trade: the AU open EUR/USD short trade.
The conditions did not line up for the AU open EUR/USD short trade today either. That’s all for the day; have a great evening and I will update the board in the morning