Well, well, well what a weird week and a not so brilliant end to it either trading wise. I am hoping that next week is a lot better as volumes pick up and the weather gets better... hopefully.
My S1 is doing me proud with yet again another +30 to be had, that puts me on a nice +80 for the week, so very happy with its performance so far in 2010. No trade again on S2, so still sat at -30 and S3 decided to take 25 pips from me, so for the month it's on -35.
Dax is slow again, made 1 Long trade which was -15 and just come in on another as i write this, which is currently on +40ish, will update you with this on Mon.
Now Ichimoku, not great must admit, my UJ and EJ trade both taken out by the CAD news earlier today, awful spike which made them hit their SL's, luckily my UJ trade was at B/E anyway, but lost 102 pips on my EJ. My GU trade was taken out by the US news, so -49 on that one and my UCAD and GCHF trades where also stopped out, but with a profit, UCAD, +68, GCHF, +20. I am still in the GJ trade from yesterday and entered a EG trade today, both negative, so Ichimoku is not working for me as i would like, however it's a learning curve with this one and i reckon with a bit more practice the big trades will come.
Still it's important to stay disciplined at all times, however i do often think to myself why do i trade till 1500hrs everyday, when i could trade 3 good BO strategies with slightly bigger risk and just trade an hour in the mornings and make just as much profit or thereabouts. Hmmm will keep you posted....
My results are below for the month so far:
S1 = +80
S2 = -30
S3 = -35
Dax = -22.5, but with 1 trade still running, currently on +40 pips
Ichi = -338.8, but with 2 trades still running:
GBP/JPY = B/E
EUR/GBP = B/E
Have a great weekend guys, lets hope next week is a better one if your week wasn't so good.
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It was an appalling week wasn't it Shane?
ReplyDeleteThe US news was just the icing on the cake and turned what for me was a mildly disappointing week into a rout.
Hopefully the thaw will set in next week and we can get some of our money back off the markets.
Interesting what you say about trading all day, I decided last year that I'm not prepared to sit in front of my screen from early morning till the afternoon. My life is far too important to me to spend the main part of it staring at a screen.
Have a great weekend!