Apart from the fact that I left my computer for about 2½ hours, this is exactly how trading should be... and what it should look like. I had my SL there, so there really was no worries... Except for a loss, but that was such a small loss had it been one. 41 pips, but could have been more... and of course less.
I was away, doing work-stuff. (Some days I really don't like my job.)
There was one trade today. I'm not sure if anyone in chat took it, since 1) I wasn't there, and 2) it took 4 candles to trigger.
Trading in the middle of Beige Book. Probably not a good idea. Better to wait. But there was not much wrong with the signal, but one should be wary of the news.
The end of the third month is drawing near. Today I had a trade for the first time in quite a while. Actually I had two. The first one I closed at 6 pip win, for reasons discussed in chat. I noticed that it would have won, though... The second trade is the one I'm counting here. 22 pips on a HD bullish trade. It spiked for a few minutes, I closed it and then it dropped. It was late, so more than 22 was never an option, and I was happy. It was TWADJ again. Since work is pretty busy nowadays, I almost only have time for TWADJ. But that is good enough.
I have an idea that this will be a very good autumn. There was a little more movement yesterday in the evening, and I can see that the market is coming back to normal. Slowly but surely. Today I also had three trades with TrendFX. 1). It didn't start out so good, and bounced off a resistance going several days back. 2). Well, the signal came for a System 2 (so I'm pointing it out), and I reentered, ignoring the strong resistance. And that was a good thing. It burst like a rubber band, and 85 pips was a fact. 3). During the same time, almost, Brent's Oil showed some movement.
1. -20 pips, -1600 SEK
2. +85 pips, 6 800 SEK
3. +39 pips, 3120 SEK
Start: 25 000 SEK BR Now: 85 843 SEK It is time to level up. I now have 120 SEK/Pip.
... so the best we can do today is to remember that HP Lovecraft would have turned 122 today, had he lived, sit down with one of his books, Metallica in the CD player and perhaps a whiskey.
Then again, there were no trades there I would have taken today, even if the signal at 17:55 looked quite alright... It took until almost 21:00 before it came through, though...
There were no trades today. Well, there actually were three signals to trade by. Two winners and one loser, but the market was so slow, it wasn't worth the risk of entering any trades. At least, I didn't. (And neither did Cherkhan, so I guess he is getting his itchy trigger finger under control.) ;) And to celebrate the day... another Elvis! With a suitable title!
... was the day that God decided he needed some Rock n' Roll in heaven. That's 35 years ago to the day.
Oh, and it is summertime. Didn't have any trades on TWADJ yesterday, and there has been no TrendFX trades for me today either. Looking forward to the evening.
Just a quickie with an 'extra' TrendFX system. Went for a 1:1 RR but perhaps due to some delay, I actually fell 1 pip short. Still got 9 pips (excluding spread of course).
I didn't take this trade because I was busy in chat... Damn you both.. :p But it was a nice one! Image from GKFX instead of IG Markets. I still think IG is better. What do you think?
As you may or may not know, it is vacation time in the US now. The S&P500 market will be quiet for a week or two. A good time to practice divergences and candles. :) But not trading.
To start off the week, I wanted a small trade. 1:1 Risk Reward. And this trade looked good. The perfect symmetry was about that I actually managed to put all my lines perfectly. (Yes, I'm happy about small things.)