I have had 3 trades yesterday, here are the details.
GJ Short :
Entry : 135.95
Tp : 135.60
Total Pips : +35 + 721 = 756
This was clear weakness seen at 136 area, a quick scalp.
EU Short :
Entry : 1.2753
Tp : 1.2740
Total Pips : +13 +756 = 769
This was a late entry by 35 pips, system signaled the short at 1.2787 but I wasn’t around to take it, when I looked at the chart I felt signal is still valid and we took the trade with a 20 pip SL in place, This trade was just before the NFP News, keeping the news risk in mind I closed the position for +13,but felt a trade should have been kept running as it went to tank another 45 pips
GJ Short :
Entry : 136.55
Exit : 135.85
Total Pips : +70+769 = 839
This trade was rather extreemly aggressive, they marked the price up during the NFP news, and which is appeared as low volume move up on my system, I decided to short it once I see the weakness confirmed and confident the top is established… I took the short on the price retrace after 2 consecutive M16 candles cosed down, and they smacked down the price in a ziffy… with in 2 miuntes time,I realized that I made 70 pips and closed the position.
I am not a news trader and I usually keep my self out during the news times, but this move up was clearly identified with extreemly thin volume indicating they wanna sell high and smack the buyers.
All in all, this is a phenominal trading week, one of the best I have seen in the recent times, there are several setup which are spotted yesterday on my system with each move min worth a 100 pips on GJ.
We have rocked in my trading group, and looking forward for yet another phenominal trading week coming ahead.
I started to realize there are many pippers watching this thread, many thanks for all the pippers who are following this thread.
Have a wonderful weekend