EUR/USD:
Long at 13450 (04/06) L/Closing: 13322 Floating: -128 pips
Hong Long with closing stop at 13200
GBP/USD:
Long at 14750 (04/06) L/Closing: 14652 Floating: -98 pips
Hold Long with closing stop at 14500
AUD/USD:
Long at 6570 (03/16) L/Closing: 7065 Floating: +495 pipa
Hold Long with stop at 6850
USD/JPY:
Long at 9740 (03/31) L/Closing: 10040 Floating: +300 pips
Hold Long with stop at 9680
USD/CHF:
Long liquidated at 11500 (03/30) Realised Loss: -200 pips
Reversed to Short at 11300 (04/06) L/Closing: 11379 Floating: -79 pips
Place closing stop at 11560
Quote of the Day:
"Most people would rather die than think; in fact, they do so." - Bertrand Russell
Hi Michael,
ReplyDeleteThe market has been behaving strangely?
Appreciate if you can update today's trend?
Any change?
Thanks n regards,
newbie1
Hi Newbie1,
ReplyDeleteEUR/USD & GBP/USD are non-trending during this period thus causing losing trades. All trending systems will generate good profits only when the markets trend otherwise we will suffer temporary setbacks in our trading. Remember, one has to be persistent in choosing and following a trending system, only then we are able to catch the coming trends earlier.