DAY 22 UPDATE (04-10-19)
Another New York Close and here we are:
No of trades so far: 6
No of Active Trades : 4
Nothing spectacular to report today, no new trades based on the strategies I’m trading. Except that my EURAUD short doesn’t seem to be going my way:
We got a strong BEEB (Bearish Engulfing Bar) threatening breaking the support level and threatening my stop as you can see, looks like this trades lives to see another day though, will it live to see tomorrow?
I’m not bothered though, it’s just the first few of many trades I’ll be taking with this strategy and losses are expected to be part of the big profitable picture. Just today I was playing around with my trading result simulator and it turned out a healthy 100%+ profit after 100 trades with 11 ugly looking consecutive losses. If this trade goes south, it’s only going to be the first losing trade, Insignificant
USDCHF long trade finally decides to close higher above trade entry today. Hopefully it stays on this side of the fence.
Other trades aren’t stellar yet but aren’t too bad either, hopefully tomorrow will get us something to chew on with them.
So that’s it for today Journal… Hope tomorrow get’s better than today.