It's back to last weeks buy levels 1.2717.. so I am going to be building positions. Looking at 2990 as overall target.
I seem to have magnetic entries... It "gap'd"down a little to try to hit 2717 again so I don't think its going to stay here very long.
Still holding this 2717 long, got in another 10k at 2665. Basically played the strategy from last week and it has worked out well so far (with the exception if trying to piss me off). Position is still open and running ~$120+ in the green. Looking for 2990... Patience is the name of this game...
Day 19 and account balance should be at $1,836.00 but I am slightly below as the actual balance stands at $1,794.52 (with open positions 10k@2717, 10k@2665 and 10k@2655). I am going to start posting trades/results after they have been closed.. The relentless selling around my main entries has caused a slight bit of paranoia lol
Day 21 and I am slightly above ~70 what I should be for today. I have doubled the account so far (100% return in 21 days!) & roughly 2 days ahead of schedule Very proud of myself for accumulating 1,000 pips. Now I have to do this about 10 more times to meet my goal
Alright so I am wrapping things up for tonight and gonna go to sleep. My balance was supposed to be $1,924.00 (44*$1*21 days) for the end of today according to the plan and I am ending tonight with a overall balance of $2,092.36. I am ahead ~2 days, excited but can't let that cloud my judgment. No bias/trades entered for the remainder of the day. I think the euro will pretty much just consolidate the rest of today into Wednesday, momentum might be waiting for EUR Core CPI, USD Core CPI and CHF Libor rate news. In the long run. EUR/USD can easily be priced in the $1.60s. Edit: Also, I am now doing $2/tick.
Out of the EU short. It's not the end of the day yet (I will be trading for another 4-5 hours) but I have already exceeded my goal for the week. It's Tuesday (Day 22) and my total account balance should stand at $1,968.00. (44*$1*22 days) My actual account balance is $2,201.33 ($233.33 above what I should be for today). The account balance should stand at $2,200 by Friday but I met this goal ~3 days ahead of schedule. Not trying to over-trade today, pretty happy with where I am (happy isn't the right word). UJ looks like a very attractive buy. I have a small 10k long position to $84 from 83.09.