Beating Alpha

iterating towards truth

Uncategorized

EURUSD +22 pips on VFI strategy

8

Today I have been trading my VFI strategy during the morning session. The trend was clear after London open until 1,37 level. Third trade expired after it got into the range and volume got lower. Good time to exit trading for morning session. Today I am expecting trading afternoon session from 5PM. No big news events ahead so hopefully trend will be my friend :).

Trendtrace strategy didn’t produce any interesting movement so no trading on TrandTrace strategy this morning. T3 strategy has two pending orders. First SHORT on USDJPY on 88.29, with SL 89.16 a TP 86.40 and second EURGBP  on 0.8810, SL 0.8741, TP 0.8926. Prognosis for EURGBP on three months window are for the DOWN trend from Danske Bank. For now we are below 50% retrace and it’s seems the EURGBP pair is missing some fuel to burn. If not changed after Wednesday GBP fundamentals trade EXPIRE.

Leave a Reply