Closed half of
USDCHF 17.7 pips
EURUSD 28 pips
Rest stopped out at BE EU UCHF
Nevertheless in GBPUSD
Entered short again USDCHF
Took half off usdchf 23.7 pips and moved to BE
Nevertheless in GBPUSD currently 77 pips
Waited half an hour extra before entering due to major news release.
Entered USDCAD Short
Nevertheless in
USDCHF 47 pips
GBPUSD 70 pips
Now going to relax and come back in 4hrs The Attractiveness of trading 4hrs chart
Current open positions:
Partial positons in BE
USDCHF Short
GBPUSD Long (this one is from yesterday)
Total position
USDCAD Short
Complete pip count for Shut positons Now: 70.1 pips
Woke this morning to see my gbpusd trade that was upward 70 pips yesterday hade taken out me on breakeven two pips hahahahhaha. Lesson learnt.
Take exactly what the market gives.
From now I using a trailing stop following my initial profit is taken.
USDCAD Trade. -34.4 pips. (interesting enough I failed to find that the market and my system was telling me that the price is long.) It is quite simple to see it now but what occurs when I was trading on the right border of the chart? Noting down this for overview.
Seeing the previous I moved my stop on my USDCHF commerce and secured from 45 pips.
Initiated 3 transactions this morning
EURCAD Short
EURAUD Short
GBPCHF Long
will check back in 4 hrs
Rest of USDCHF stopped out for 45.4 pips
Took off half
EURCAD 5.7 pips
EURAUD 9.9 pips
transferred them to Breakeven
GBPCHF still not in profit therefore couldnt move stops.
Entered new trade GBPUSD Long
Rush of EURCAD EURAUD stopped out at BE
GBPUSD Ceased out -53.7 pips for a loss. (note to self: concessions entered during the asian session seem to be useless as price retraces nearly completley. Revise weekend egy not to enter before london possibly?)
I managed to put a EURUSD Long and a USDCHF short at my levels.
I figure I was frued at missing the USDCAD trade that was a terrific trade. I have entered earlier than normal on these trades. If I don't see positive affirmation within the hour that price is moving my way I will close the trades.
I have attached my USDCAD analysis.