Beating Alpha

iterating towards truth

Uncategorized

Results of Sunday post -> -80 + 147= +67pips

Just a quick recap of Sunday post. I have executed three trades. Two with T3 strategy and one gap trade with TrendTrace strategy. Since the USDCHF generated big down gap breaking my entry level so I placed my sell limit order at 1.0169 (cca 3/4fill of the gap). The trade was entered exactly at 5.1.2010, 3:51AM GMT+1. Very nice move afterwards exactly to my profit target. This time I was lucky with setting my profit target correctly since it was hit by the pip exactly and exited at 1.0922. So relatively low risk and good potential payed off. I have talked about GOLD also but I wasn't over all confident enough to go short and it was good decision. On the other hand I have lost -80 in my second trade I have talked about which was EURAUD. The trade was triggered at 1.4392 and since I couldn't manage it because I was sleeping it hit my stop-loss of 80pips straight away = -80pips on this side.

Last trade was executed on TrendTrace strategy. I have posted my GAP trade on Sunday. This didnt go very well this time and the trade has produced -30pips loss after the stoploss was tighten. Overall not bad performance looking at the busy schedule I had. I am very exhausted today so no trades during afternoon session. I am going to trade VFI definitely tomorrow morning.

Leave a Reply