Beating Alpha

iterating towards truth

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Update on VFI

16

Today I have been trading afternoon session. There are some positions I like for T3 strategy. So far I have SELL STOP on CHFJPY waiting for break around 85.25 and BUY STOP on EURJPY at 125.35. NZDUSD is still going forward and already generated 65pips return. I have moved my SL at 0.7054 so 30pips is fixed and home. Another pair I am still watching is USDCAD. After breaking a super strong level of 1.0230 and going through 1.0200 it seems it is going south. If it reverse I am gonna go long at 1.0189.

Today I have been trading also VFI strategy (see image gallery) with a loss of -5pips. I have exited the position manually since I felt that it lost its speed. I have entered on neck of W formation with initial Sl of 25pips. After observing it every 10minutes I have decided (40minutes after) to close this position. If I wouldnt do that I would have lost initial SL of 25pips since it moved down to my SL. So far thats it for today from trading. I will post some intersting articles later today.

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