I thought of a brilliant idea that I will start posting tomorrow. I missed the opportunity today to capture it.
I was wrong and lost yesterdays trade.Took note of it. Had the opportunity to get out in profit, did not take it, so i suffered a 33 pip loss for around $8. I’m cool with that.
I reviewed over yesterdays potential trades, specifically GJ (GBP/JPY) and noticed I missed a 100 pip day! Not that I necessarily missed it per say… at the time I retrieved the signal last night, I had never seen a signal like it before so I didn’t trade it. I now know that that pattern generates a long signal with potential for 100 pips draw down short before going 100 plus pips long from open!
I looked at GJ again for tonight’s trade. The pattern is very similar to yesterdays! Awesome!
GJ is expensive. I’m very confident I’ll profit 100 plus pips today in GJ… So, I deposited another $100 USD. My goal is to put in 100 per week and keep trading my profits.
Anyhow, I’m long!! Yesterday had a huge drawdown before GJ went hella long so I put a 200 pip stop. I know its out of the ordinary, but I’ll be monitoring this trade closely.!