So far it has been a productive morning, NZD/CHF bounced off its daily pivot and hit its goal giving me $7.50 in profit. It looks like thats all i’m going to get out of it right now, but USD/CHF looked sketchy, I abandoned it, and it has taken off and not given a sell signal yet. With the win from NZD/CHF I am still down $18.11 this week and the system itself is down $1.25 with a score of 3-2-1. You could even technically say 4-2-1 because EUR/CAD was successful, it just didn’t pull back to its daily pivot where I had my trade sitting. I considered moving my entry down before I went to sleep as it was still in no man’s land between the goal and the missed daily pivot but I left it alone.
NZD/CHF is on the left and EUR/CAD the right and they both crossed the signal line (Ichimoku Base Line) and gave a signal at 1pm (at bar close) and they were confirmed with the Momentum Indicator (not shown) EUR/CAD still presented a trading opportunity with the distance between price and the goal (green line) even though it didnt pull back to the Daily Pivot (P Line). I didn’t change my order because I was worried it would trip an order by moving lower and then rebounding to the missed pivot, dragging me into another loss. I think if I hadn’t been so fixated on the Daily Pivots I would have taken it, but i’m not sure. I’ll be looking into this more
In other news, I might have some more time on my hands the next few weeks. My work is going to start rotating drivers in some capacity because things are very slow because of coronavirus is shutting down a lot of things. I’m not sure what that is going to look like, they will probably tell us something Sunday, but it probably means more time at home, which means more time to trade. They are also going to keep paying us an average 13 week rate (which is something they use to determine our vacation pay).I am losing my Saturday runs, but that was all extra money in my budget anyway (I don’t think they will count those in my 13 week average). Even though I am fine a lot of people in the restaurant industry are struggling, business is done and they are running skeleton crews. (We don’t service any place with a drive thru, but from what I hear those places are down too). Its a tough situation all around, and I hope everyone is supporting what businesses they can until things get back to normal.
One last thing, my mom is still crazy. She called me today on her way to take her aluminum cans in for recycling. At .34 cents a pound (according to her) and the fact that she drives a Fiat we will give her the benefit of doubt and say she brought in 20 lbs of aluminum cans. She’s gallivanting around town for less than $10…she’s impossible.