Afternoon session on VFI … -8 – 9 + 24 + 14 = +21pips

Total of 4trades today. Three of them on GBPUSD and last one on EURUSD. First two trades were little bit crazy. I cant logically explain why I have exited the first one. There is just no logical explanation just the emotional one. Maybe the current tense environment made me little bit more sensitive and unfocused during first minutes of trading. So first loss was followed immediately by second loss :). Second trade was more focused trade and even if it was a loss I did exit on logical background so no need to blame myself for the loss there.

Third trade was a good one. I was following GBPUSD whole afternoon and I knew it is under pressure. It couldn’t hold certain levels and I felt that the 91 and 81 at 1,43 are those critical levels. I wanted to wait until hourly candle closes. After it did under severe pressure I waited for retrace. After retrace I was ready to get short. At first I was bit confused where but the M1 candle at 17:07 (GMT +1) gave me the right signal. I was short and the trade from that time on went straight down towards my target and was hit in a matter of 4 minutes.

Last trade was a difficult decision. On one hand I had the PRECISE pattern of W formation on the other hand I had the terrible indecisiveness of the market in front of me. Up and down up and down. Several critical levels ahead. Anyway I have entered after the big amount of volume came in play at 17:47 (GMT +1) on EURUSD. I got LONG. From that time it took me 12minutes to get to the TP target. Overall +21pips today which is quite average. Overall except the first trade good trading session.