Called GJ. Direction perfectly. There was no drawdown from market open. For whatever reason my low price I calculated never got hit.
I think tonight I will only trade on the direction of the signal.
Since GJ is so expensive I didnt lose much. Tonight I will win. Hopefully in EU if I forsee lots of movement otherwise I will look into other pairs.
I have a nice CAD/JPY long signal tonight!
No games no limit order this time… Im in
Im expecting a 40-60 pip day in CJ
I did a lot of work to my spreadsheet today and evolved my strategy. I should have shorted CADJPY last night. Not longed it. Fortunately the market was kind to me because i still am in my long postion and i have a CJ long tonight and am currently not down much. I will hold this trade until tomorrow!
Hi how’s your trade doing??
I lost several trades and pulled my money out. I lost because i didnt trade following my own rules. Technically I am down 40 from the 190 I put in.
I dont deserve to trade live this week. Im going to reprove myself to myself then i will deposit money next week. Back to demo.
I am short EU tonight.
Should have put a stop at break even. Lost on both trades. Im not sure why I got another short unstead of a long. But i will look into it when i get home.
Im short EU tonight. Definitely did not get in at the best price but I’ll be alright.
Tomorrow when I get the chance I would love to post a pic of my spreadsheet. I have had some issues that I can not explain with excel that has cost me money/lose several trades lately.
I got stopped out on my last trade. I havent been following a solid set of rules. The last week i havent gotten a signal. So no trade. Tonight, no signal so no trade.
Ill be back tomorrow!
Im trading a new pattern on my demo. A similar but opposite pattern occured on 2/19 in GU so i am going to take the trade based off that. I still havent gotten a golden signal to trade all week. EU hardly moved so I am happy in that regard that the no trades where no movement days.
Im short NU!
Still have not gotten a trade yet. Look at EU on the daily… Such small candles. Im glad I haven’t gotten a signal yet! At this point I expect only 6-9 signals a month. Hopefully tonight we get one!
I’m looking at an EU and GU long tonight. These are not my standard pattern.
Either way I’m already green and I just placed them. After 50 pips I will move my stop to break even.
I called GU correct but because of my position size, I lost money. GU was the stronger signal and I knew that from the get go, I just liked the cheapness of EU.
Anyhow i just got in at an excellent time for a GJ long!!
This trade looks very similar to last nights GU trade!
@Leg0nd Not sure what you mean. If you called the correct direction how does position size create a negative effect?
KC
As you can see in his EUR/USD he took out a 4000 unit position vs GBP/USD he took out only a 790 unit position. Basically his GBP position is a little less than 1/4 of his EUR position.
Gotcha!
Thanks for the insight!
KC
