New Order. If triggered, it will close the current trade. Short USD/CHF Trigger: 0.8778 Stop: 0.8895 Target & Exit: 0.8617 Cancellation: @0.8940 or Tuesday 5:30 pm Risk: 117 pips = 1.3% of mark = 1.00 risk point
Ok, so the first trade was cancelled and I am now in the second. In USD/CHF at 10:05 this morning. Stop moved to 0.8827 Short GBP/USD Result: (1.5897 - 1.5823) = +74 pips = +0.61 risk points Record: 6 wins, 13 losses Cumulative risk points: -1.48 Avg: -0.08 Unfortunately, the excel spreadsheets can't be kept under 1 MB with the old file type. So it seems I won't be uploading them for the time being.
I was stopped out at that level. I should have time to update my log and look at new trades over the weekend.
USD/CHF Short result: -49 pips = -0.42 risk points Record: 6 wins, 14 losses Cumulative risk points: -1.90 Avg: -0.09 I found my live trading history (attached) for anyone interested. My play money history probably had more than 100 trades in it before I opened the account, but I haven't been able to turn that up.
I need some excitement, so I'm going to take a few market orders that are opposite of the direction I would normally play. This was suggested to me earlier in the thread. These next trades are OFF MY RECORD. Market short EUR/JPY and market short AUD/USD.
Would you look at that! What a great trap on the AUD/USD. That price action confirms the value of playing contrarian PA signals as I have been attempting more recently in the thread. A decent reversed position on the EUR/JPY as well. Funny stuff. To reverse a trade I'd be more likely to make with my current strategy, let's go long at 1.3826 on the GBP/CHF. While I think it would be rare to see it rally from there, that's why I'm doing this. So: Still watching EUR/JPY short and GBP CHF limit long. Again, these trades are not going in my log.
That was somewhat enlightening. Trades are back on my record from now on, although I see none at the moment.
Long GBP/CHF Trigger: 1.4155 Stop: 1.3679 Target & Exit: 0.8617 Cancellation: @0.8940 or Tuesday 5:30 pm Risk: 476 pips = 3.36% of mark = 1.00 risk point Record: 6 wins, 14 losses Cumulative risk points: -1.90 Avg: -0.09 The stop on this trade is far larger than I would normally employ, but I want to be patient on this one, sit through the potential shakeout, and take a profit even if it is more modest.