Beating Alpha

iterating towards truth

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Afternoon trading on VFI and EURJPY and AUDJPY

Today VFI has generated three inputs two of which I was able to catch. First one was on GBPUSD and I have exited the position at 1.5277 generating profit of 20pips. I am not sure why I have exited but I could feel that the move is very slow and slowly getting to my target which was set at 1.5270. Straight after I have closed the position the trade reversed. Second trade happend on EURUSD. I was tragetting profit of 19pips but I ended with 10pips closing once the move got into the range. The move went then in my direction and hit my initial 19pips target. Overall 30pips from VFI for today.

If you have read my previous post you know I am now interested in development on these pairs. Mainly on EURJPY. I have two pending orders set so we will see. Thats it for today I am going to rest. Have a great evening and speak to you tomorrow morning ;-).

 

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