2.1.2013 – live trading

January 3, 2013

Yesterday offered several opportunities on EURUSD, GBPUSD, USDCHF and AUDUSD. The day started in a tighter range with more bullish sense in the market. There was a large GAP presented on several data feeds (only OANDA didn’t show this gap and instead of it some kind of price action in a gap) across all markets. I have set out a plan as described by second picture in EURUSD. My first trade of the day was a SHORT around 3260’s. I held patiently and reached my target of +2.5R in about 61minutes.

Second trade of the day was in GBPUSD. This one was fake motherfucker so -1R for me on this trade.

That was all for the trades of yesterday. Other opportunities appeared in AUDUSD and USDCHF. In AUDUSD one was missed and one did not present that clear picture I was expecting so I have decided not to entry. The other in USDCHF appeared too late at around 17:00 GMT+1 which is quiet late for entering an intraday trade for me due to low volatility. Well not this time :), market run another 50pips and would easily reach my target in a matter minutes. Next time.

Anyway, overall pretty decent day.

STATS:
Trades: 2
Return: +1.5R
Pairs trade: EURUSD, GBPUSD