Beating Alpha

iterating towards truth

Trades

13.6.2013 – intraday trades [-0.45]

Trades: 3
Return: -0.45 (-0.1-0.1-0.25)
Pays: 123ACU
Pairs traded: EURUSD, EURJPY, USDJPY

-0.1R

-0.1R

Comment EURUSD: after two bounces from first support ahead the trade went back to the entry level. It held once but on the second attack I was stopped out at BE.

-0.25R

-0.25R

Comment EURJPY: risky trade. The precondition for staying was this: it will either break strongly or I am out. Well, I got out very quickly.

-0.1R

-0.1R

Comment USDJPY: At the end of morning session this was the irresponsible trade in terms of exit. Is should have not exited that early. My mind was in a state of no tolerance for retracement. That was wrong and I have exited against my rules. At the end of the day the trade would eventually finish at BE but that doesnt change the fact that I have not followed my rules on this one.

 

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