DislikedHi all,
Anyone trading this system today?
I only traded GU, system seems to be holding up, IF stick to the rules. And that's the issue I need to deal with still.
Tomorrow my goal is:
1. Trade this system, only this system, and stick to the rules.
2. Close trades with 2 NLMA wrong colour preferably before sl hit.
3. TP at Pivot points.
4. Make 30 pips profit.
Anyone want to compete with me to see how many pips they get on GU trading this system to the rules?
Might help me be disciplined and I always love a competition.
JIgnored
I traded GY this morning (New York time zone): executed a Long at 10:00, EST. Did not wait for a true pullback, and also waited for a better feeling that price was breaking out of consolidation.
I exited around 10:52 EST, just below the Open pivot point (which was 139.50), and netted about 52 pips, with spread factored in.
Entry: 138.903
Exit: 139.422
I missed the move on GU, and did not take any more trades since.
I may trade tonight (early Asian session, if markets are active and setups look favourable). There's Employment Change and Unemployment Rate coming out in Oz, so there may be some movement for a while.
Spot