Beating Alpha

iterating towards truth

Trades

10.5.2013 – intraday trades [+3.8R]

STATS:
Trades: 2
Return: +3.8R (+3{fullsize} 1.8R {1/2 size})
Pays: 123ACU
Pairs traded: EURUSD, USDJPY
Comment: Structure precedes entry. Thats the idea of the day. It is true. Sometimes signals on the entry level present themselves as broken or not as precise. If that is the case, second place to look at is structure. If price can create constantly flips (support become resistance and vice versa) towards the entry point, you can be more confident even with not exactly precise entry point.

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