Beating Alpha

iterating towards truth

Uncategorized

Busy, busy Monday = +105pips (17trades executed)

1313

Very busy day trading mainly CABLE pairs. As stated yesterday it was my primary focus for today. Today, the VFI strategy was bit messy but overall good. In the morning I made a loss of -10pips. In the Afternoon session I was able to take it back and earn +27pips. I would like to share two trades. Both of them are this time winners but could have been much better. First trade was a good example of stable and solid W pattern (EURUSD trade). Entered long on two occasions(first on break and second on retrace) looking back now it looks like an easy trade but again for some reason I was very impatient in the area 10pips away from my TP level where I exited first position. Second was exited correctly. Second trade (GBPUSD) was also a winner but!,… ooooonly +2pips gain. Sooo poooor performance on this trade. I hate when I exit on 0 TECHNICAL SETUP’s and executing poorly my exits. I have exited on a minimum RETRACE! and guess what? The trade went back on track and finally in matter of minutes hit my target. Well emotional shit happeneds and I am not exception. There were other trades but these seemed like I should share.

For other strategies it was very good day. Only one loss happened to be CHFJPY trade I discussed on Friday. I had to exit that with a loss of -36pips. Everything else went like I planned it. As I have mentioned earlier I was shorting BRITISH POUND on two pairs. GBPCAD and GBPAUD. Today I have shorted the POUND on three occasions. All three went as planned. See more in image gallery. With TrendTrace strategy there is not much to share. Overall good trading day producing plenty of trading experience and of course some extra pips to my account. Looking forward for tomorrow.

13131313

Leave a Reply