Thursday 8th July

by 08:35 0 comments
  • 7am - 1 trade
  • 11am - no trade
  • 3pm -no trade
  • 7pm - no trade
  • 11pm - no trade
  • 3am - asleep!

Trade 4 - CHF/JPY - Sold @ 83.93 - 7am Bar - Closed @ 83.73= +20 pips



08:49 - Very happy with this trade, was up a bit earlier this morning so that i could wake up a bit more and have a good look at the charts, i definitely think it was worth it. I identified a potential upthrust on the 4hr chart and moved down through the time frames (3h, 2h, 1h, 30min, 15min and 5min) analysing it for weakness and confirmation in the background. Once i took the trade i monitored the 5min chart to look for any signs of strength. Took +20, think it reached about +30 and i believe it's starting to turn now. The upthrust is the second last bar in the picture, profit made on the final bar.
  • Day = +20
  • Week = -69
  • Month = -69

KT

Author

28. Forex. Trading. Music. Beer. Food. Travel.

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