Beating Alpha

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Afternoon session and two good trades

Today I have earned +43pips so gains above average for VFI. Two standard W patterns so not much to talk about (see image gallery). I have also closed my NZDUSD position with 22pips gain. Yesterday I have entered NZDUSD after big spike in price and break through 200SMA. I have set my sell limit 0.7081. I was expecting more then 22pips. At one point position reached 40pips but reversed afterwards. Second position on T3 was AUDUSD. +30pips there as well. I was hesitant about moving initial SL and I kept it there. I do not expect more from this trade and my target was reached so I finished the trade.

Tomorrow I am not going to trade since there is Good Friday and US financial markets are closed. Same thing for Europe where some states have holidays so I am expecting longer weekend then usual. I am going to visit my hometown after a long time so I guess I will be back on Tuesday with morning trading session update. Speak to you on weekend.

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