A good start to the week. On Monday, a small scalp on GBP/USD position yielded +16. Two more trades for today gave the following results:
Short USD/CAD 1.1287
Closed 1.1233 (+54)
Held for 6 hours
Comment: I entered this position at price pullback but it went higher after that. A buy signal appeared but I decided to hold it and the drawdown was 33 pips. My stop loss used was 60. Technically, I should have exited with a loss of 15 pips. The position was eventually rescued by a rather tame inflation report.
Short USD/JPY 116.51
Closed 115.94 (+57)
Held for 3 hours
Comment: A drawdown of 20 pips. Quick turnaround and again rode on the inflation report.
I think I am doing quite well here and please keep it coming!
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