Took 4 trades, 3 successful and 1 stopped out
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Trade 1 - EUR/GBP - Bought @ 0.8348 - 11am Bar - Closed @ 0.8363 = +15 pips
Nice bottom reversal, got a few pips off it, at it's highest point it reached +32pips. This is where we need to discuss profit targets etc.
Trade 2 - GBP/USD- Sold @ 1.4678 - 11am Bar - Closed @ 1.4581 = +97 pips
Top reversal. Very happy with this trade, closing on +97 pips after 4 hours isn't bad at all! Again though, profit targets must be discussed. It reached +115 pips at it's highest point!
Trade 3 - GBP/CHF - Sold @ 1.6929 - 11am Bar - Stopped @ 1.6964 = -35 pips
This trade was just unlucky, made the right call but unfortunately it stopped out before going the way i had thought it would. Again, stops, where to put them? Hopefully we'll have some answers before June is out!
Trade 4 - GBP/JPY - Sold @ 134.78 - 11am Bar - Closed @ 134.29 = +49 pips
In retrospect this wasn't a good trade and i got lucky, i thought the second blue bar was an upthrust but it closed closer to the middle then the low. Fortunately would've gotten away with it, +49pips on the close and +91 and it's highest point.
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+126 for today, +146 pips for the week so far.
Last night after a discussion with my dad we thought the AUD/USD may make a move towards the 0.85 mark, which it subsequently did towards the end of the 7pm bar and through the night. Good call.
We also mentioned the USD/JPY making a move towards 93.00. This also happened over night and is very nearly there at the moment.
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