14.6.2011 – T3 & VFI results

The total number of initiated trades today across both EURUSD and GBPUSD pairs was 14. Results are slightly better then yesterday when both morning and the afternoon session provided the total of +17pips. Decent result but some of my trade management today were pretty poor. Four positions were closed prematurely. The best trade of the day was an attack SHORT at 4440 {6E} where I added another position on retrace. Overall the market behaved pretty technically respecting important levels but not creating any strong directional break. Both morning and the afternoon session are here:

On the T3 strategy I am long in GBPCHF trade which I have discussed in my Sunday post. So far I am happy with the trade. The worst scenario was so far -31pips and the best was +101pips. Currently I am holding at  +85pips. Stop loss will be soon adjusted at 3779 and final target is set at 4100 at the moment. It now all depends on the velocity of the move. At the moment I have no interest to close this trade since I believe it can produce additional 200 – 400pips.