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Last Day of October: Trades

Here are my trades for October 29, 2010.   I closed out a trade from a few days ago and did two new trades.

This was the final result:

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Oct. 12, 2010 - GBPCHF Counter Trend Trade

Here is my trade for Oct. 12th. It was a typical CTT setup and there was even a CT Trade from the previous day, so I decided to put in a trade.

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May 28, 2010 GBPJPY Counter Trend Trade

This is one of my favorite setups and this one looked good.  Price hit the R3 of the previous day and there was also a Counter Trend Trade on the previous day.

This trade was on a Friday however and it wasn’t a good week of trading for me so I decided to just exit [...]

May 18, 2010 GBPUSD Counter Trend Trade

This was another typical Counter Trend Trade.  Price hit S3, so I targeted 20 pips away from the Daily Pivot.  Here is the chart:

Click above to enlarge

There was a piece of British news that came out that the market went nuts.  There was an initial spike up, but it didn’t hit the [...]

May 17, 2010 USDCAD Counter Trend Trade

Here is another counter trend trade:

Click above to enlarge

This trade was pretty standard.  Price hit the R3 of the previous day.  Therefore, I targeted the Daily Pivot on the same day.  I stacked 10 trades like usual.

The outcome was a +2.2% gain on the account.

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May 6, 2010 – GBPCHF Counter Trend Trade

Here is a next day R3 hit and the counter trend trade:

Click above to enlarge

Price hit R3 from the previous day, signaling a trade targeting the daily pivot of that day.  Price then dropped sharply, hitting the target without much trouble.

Since price was so close to the target, I had to [...]

April 28, 2010 GBPJPY Counter Trend Trade

Here is the second part to the previous GBPJPY trade.  I originally canceled the trade because it was a little frustrated with my performance for the week up until then.  The 30 minute chart:

Click above to enlarge

I was slightly profitable for the week and I thought it might be a good idea [...]

April 29, 2010 USDCAD Counter Trend Trade

Here is the second part of the previous Counter Trend Trade.  This trade targeted a move back to the original daily pivot, so there was a much longer runway.  Here is the 30 minute chart:

Click above to enlarge

This trade was triggered by a huge price move past the R3 (red line).  The [...]

April 28, 2010 USDCAD Counter Trend Trade

Here is another short stacked Counter Trend Trade.  Price flew through the daily R3 level and set up a signal to trade back to the daily pivot on the day that R3 was hit and also the daily pivot on the next day.  This is the next day setup.

Click here to enlarge

The [...]

April 27, 2010 GBPJPY Counter Trend Trade

This was the first trade of the week.  Here is the 30 minute chart:

Click above to enlarge

This was a short stack with only 4 positions because I saw an opportunity to trade back to the closest daily pivot.  In my backtesting, this is usually a pretty high probability trade.

There was also [...]