Weekend Trading Update. Its Been A Quiet Week Trading This Week.
This week has not been a great week of trading for me. Its the first week back from my holiday and the trading opportunities have been few and far between. I have also been busy with teaching this week so i generally take less trades when i am teaching as i do not trade and teach at the same time.
I also like to take it easy on the first week back from holiday, as i have missed 2 weeks of news. Now although i don’t trade the news, the news helps me get a feel for how the pairs are going to react, and what news is expected by the market, and how it can affect the price.
Monday was a bank holiday, so trading volumes were low and i did not get any high probability set ups, so i did not take a trade on Monday.
Tuesday was OK, i took 2 trades for a total of 48 pips. I took Euro short at 13126 down to 13101 for 25 pips. I also took EJ short at 13034 down to 13011 for 23 pips.
Wednesday was a little better. 2 trades again for 54 pips. I took Euro short at 13127 down to 13107 for 20 pips. I also took Cable short at 15586 down to 15552 for 34 pips.
Thursday i took 3 trades for 63 pips. I took EJ long at 12981 up to 12997 for 16 pips. I also took Dollar Cad long at 10016 up to 10037 for 21 pips. I also took Cable short at 15580 to 15554 for 26 pips.
Friday i took 2 trades for 39 pips. I took Euro Dollar short at 13010 down to 13001 for 9 pips. I also took a nice trade on AUD long at 9980 up to 10010 for 30 pips.
Total trades for the week 9. Total pips 204.
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