Sell AUDJPY & NZDJPY
Pips Gained: 66
% Gain: 7.8%
$ Gain: $10.74
Net % Gain to date: 77.6%
Net Pips Gained to date: 317.3
Out of here for this week! Time for rest.
Buy EURJPY 123.61 & 123.67
Stop 123.22
Profit 126.40, Max Profit 128.70, Forced Profit Level 125.00
Pip Risk Assumed: 84 | Pip Reward Objective: 552
% Risk Assumed: 12.6% | % Reward Objective: 80.9%
Risk:Reward --> 1:6.6
Sell GBPJPY 146.33
Stop 146.78
Profit 144.10
Pip Risk Assumed: 45 | Pip Reward Objective: 223
% Risk Assumed: 8.2% | % Reward Objective: 40.6%
Risk:Reward --> 1:5
Sell USDCHF 0.9182
Stop 0.9213
Profit 0.9112
Pip Risk Assumed: 31 | Pip Reward Objective: 70
% Risk Assumed: 6.1% | % Reward Objective: 13.8%
Risk:Reward --> 1:2.3
Buy EURUSD 1.3382
Stop 1.3340
Profit 1.3508
Pip Risk Assumed: 42 | Pip Reward Objective: 126
% Risk Assumed: 3.8% | % Reward Objective: 11%
Risk:Reward --> 1:3
Sell GBPJPY 146.56 &146.49
Stop 147.15…extended to 148.10
Profit 143.60
Pip Risk Assumed: 66 | Pip Reward Objective: 296
% Risk Assumed: 11.9% | % Reward Objective: 55.9%
Risk:Reward --> 1:4.5
[B]Pips Profit Achieved: 146.9
% Profit Achieved: 13.6%
Pips Gained YTD: 501.7
% Gained YTD: 105.1% (4 week target achieved)[/B]
Sell AUDJPY 96.46
Stop 96.94 (may extend to 97.27)
Profit 95.46
Pip Risk Assumed: 48 | Pip Reward Objective: 100
% Risk Assumed: 8.1% | % Reward Objective: 16.8%
Risk:Reward --> 1:2.1
Sell AUDJPY 96.65
Stop 96.94
Profit 95.46
Pip Risk Assumed: 29 | Pip Reward Objective: 119
% Risk Assumed: 2.4% | % Reward Objective: 10.0%
Risk:Reward --> 1:4.1
Sell AUDJPY 96.57
Stop 96.94 extended to 97.27
Profit 95.46
Pip Risk Assumed: 37 | Pip Reward Objective: 111
% Risk Assumed: 3.1% | % Reward Objective: 9.3%
Risk:Reward --> 1:3
[B]Pips Profit Achieved: 92.8
% Profit Achieved: 8.2%
Pips Gained YTD: 594.5
% Gained YTD: 121.9% (4 week target achieved and surpassed - hope to repeat this over the next 4 weeks)
[/B]
[B]So far I have learned:[/B]
[ol]
[li]What works best for me and which time of day I trade best.
[/li][li]To wait on trade setups to reduce my risk and improve results.
[/li][li]To avoid chatter and other distractions while trading…FOCUS!
[/li][li]Which pairs I trade best.
[/li][li]Trading a strategy confidently and repeatedly, and sticking to it reduces the FEAR factor.
[/li][li]To recover quickly from losers.
[/li][li]Trading involves high risk and therefore requires my undivided attention.
[/li][li]
[/li][/ol]
Buy EURJPY 124.07
Stop 123.60
Profit 126.10 (may extend to 126.70)
Pip Risk Assumed: 47 | Pip Reward Objective: 203
% Risk Assumed: 7.3% | % Reward Objective: 31.6%
Risk:Reward --> 1:4.3
Buy EURUSD 1.3358
Stop 1.3309
Profit 1.3462 (may extend to 1.3600)
Pip Risk Assumed: 49 | Pip Reward Objective: 104
% Risk Assumed: 3.5% | % Reward Objective: 7.4%
Risk:Reward --> 1:2.1
Buy AUDJPY 95.97
Stop 95.59
Profit 98.00
Pip Risk Assumed: 38 | Pip Reward Objective: 203
% Risk Assumed: 3% | % Reward Objective: 15.8%
Risk:Reward --> 1:5.3
