Open Season...Trade Journal

January 30

Woke up at the crack of 8…I’m retired and don’t set an alarm clock and hopefully will rarely have to. I left 3 positions open overnight…Guppy and 3 news riders. I was able to close 2 of the 3 with wins, as I waited for my coffee to finish. (GBPUSD and EURAUD)

Oh Guppy! While I was asleep, he metamorphosed into a frog with a middle finger. It climbed to a POSITIVE and back down to right where it was when I went to bed. I chuckled when i Saw it

I have noticed a small shift in my strategy due to the Guppy and sniper game. I am much more willing to take a quick retracement, which is not part of what I normally do, but I’m enjoying it and so far it’s been accurate. However, I will keep trying to stay focused on my original strat for new positions opened along the Guppy Hunt.

Strategy Talk - TP and SL. My trades will VERY RARELY ever get to a limit either up or down. I am a firm believer that SL is to avoid Catastrophic losses. I move SLs all the time, depending on PA formations, whether I am glued to the screen or walking the dog, overnights…etc. SL should never be more than 2% drawdown, and depending on position SIZE…it would normally take a global event for one of my trades to get that far.

12p mst - 3 new sniper trades to keep Guppy company. All trades religiously following strat (well…after i noticed my shift). Currently all signals are still directed to the good.

Good Lunch break…Had 3 + guppy running and the 3 did fantastic. Guppy…not so much.

Didnt hurt that I caught the right side of this. USD/CAD