Thursday 24th June

by KT 09:45 0 comments

• 7am - 1 trade
• 11am - no trade
• 3pm - 1 trade
• 7pm - 1 trade
• 11pm - no trade
• 3am - asleep!

Trade 8 - GBP/USD - Sold @ 1.4966 - 7am Bar - Closed @ 1.4996 = -30 pips

Went in on a trade on the second bar, i interpreted this as an upthrust and at one point it got to +39, this was probably more by luck than judgement. In retrospect it isn't a great call, not enough of a tail leading into new ground. The first bar is a no demand so this perhaps influenced my decision without looking enough into the background.

Trade 9 - EUR/GBP - Bought @ 0.8211 - 3pm - Closed @ 0.8251 = +40 pips

Went in on the third bar, this represents a test, the 2hr and 3hr charts also represented a bottom reversal. Made the 40pips within 2 hours of the 4 hour bar.


Trade 10 - USD/JPY - Bought @ 89.67 - 7pm Bar - Closed @ 89.60 = -7 pips

The second and third bars appeared as a bottom reversal and i was convinced it was going to go up, the market is just moving sideways at the moment, need to wait for a test or a no supply bar before it's going to go up.

• Day = +3
• Week = +93
• Month = +792 pips