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Asian Session Breakout

1:52 ET – <stop> S(5) GBP/USD @ 9730, Stop @ 9712, T(4) @ 9760, TS(1) @ 30 pips Breakout of Asian session range.

Moved Stop to 9730

1:59 ET – Exit(2) manually @ 9742

2:08 ET – Target reached on (3) @ 9760

15 min

Trade results: +12 pips X 2 = +24 [...]

EUR Trade 2

Since I got stopped out on the first position, I decided to reverse because price broke the support point.

4:47 ET – S(5) EUR/USD @ 3670, Stop @ 3685, Target 4 @ 3640, TS1 @ 30 pips.

6:41 ET – Limit hit on 4 @ 3640

6:59 ET – Stop hit on 1 @ 3656

[...]

Tough Night Pt. 2

5:23 ET [Trade 2]- L(5) GBP/USD 628, Target 4 @ 641, Stop @ 613, TS 1 @ 25 pips. Looking for a continuation pattern on the upside, flag pattern.

6:00 ET – Stopped out.

Trade Totals: -15 pips X 5 = -75 pips

15 min

1 hr

Follow up: I shouldn’t have [...]

Tough Night

I did two trades in the pound tonight. I should have stopped at the first loss.

3:30 ET [Trade 1]- L(5) GBP/USD 636, Target 4 @ 675, Stop @ 614, TS 1 @ 30 pips. Looking for a continuation pattern on the upside, flag pattern.

5:04 ET – Stopped out.

Trade Totals: -17 pips X [...]

7/16 Trade 2

gbpusd-07-16

Here we go with trade two in this series of trades that I executed on July 16th. I had a tight stop on this trade, so I knew exactly how much I was going to lose, but was it too tight where I would get stopped out too early? Read this post to find out the results. [...]

7/16 Trade 1

japanese-yen-trade-07-16

My last trade at Jamba Juice turned out well, so I went into this trade feeling good. This was the first in a series of three trades. Find out how this trade turn turned out and be sure to check out the results of the other two trades. [...]