Sorry for the rude title, but it really is starting to "BLEEP" me off now. Again it activated and hit my SL, all within 10 mins or so. Just checked through my past results and noticed that NFP Fridays are not good for my breakout strategy, so no more Breakouts on these days for me.
Had a cracking trade yesterday on UCAD, thought it was looking a little dodgy at one point, but after a while it did what i original thought it was going to do when i entered the trade and shot up. So a nice +81.3 pips taken from the markets.
So although my breakout is messing me about again, i'm confident with my Ichi trading and have made a profit with this strategy this week, just need to sort out my breakout now.
Due to different SL sizes on my Ichi trades, the amount of pips actually mean nothing, it's the percentage increase/decrease that counts, so below are the details:
Percentage Increase/Decrease:
Breakout = -11.5%
Ichi = +3.3%
Total for the Month = -8.2%
Results for the month so far:
Breakout = -60
Ichimoku = +44.4
So another week goes by, hope you all did ok and i'll see you Mon.
Friday, 5 February 2010
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