Trading EUR/USD Daily Hi & Lo

Placed a guaranteed reverse order in case of a gap up 5 pips above range.

 

I am brining in a filter. ADX Daily cross set to setting 50.

 

-116 pips (-£232)

Now Long 1.4038 @ £4 per pip

Reverse order 1.3922 @ £8 per pip

 

Second trade

EUR/GBP range 0.8588 - 0.8496

Long 0.8597 @ £2 per pip

Reverse order 0.8493 @ £4 per pip

 

Closed +215 pips (+£860)

 

Current results:

-85 pips/-£127.5 @ £1.50 per pip

+355 pips/+£1,065 @ £3 per pip

-120 pips/-£120 @ £1 per pip

+277 pips/+£554 @ £2 per pip

-165 pips/-£165 @ £1 per pip

-117 pips/-£234 @ £2 per pip

-172 pips/-£688 @£4 per pip

-132 pips/-£1,056 @ £8 per pip

-220 pips/-£3,520 @ £16 per pip

+420 pips/+£13,440 @ £32 per pip

+487 pips/+£974 @ £2 per pip

-116 pips/-£232

+215 pips/+£860

Win/Loss: 38.5/61.5

ROI: +53.75%

 

-106 pips (-£212)

Now Short 0.8491 @ £4 per pip

Reverse order 0.8620 (changed to adjust for noise in Daily) @ £8 per pip

 

Eur/Aud rocking upwards now, up another 400 pips since I closed, oh well never get broke by taking profits

 

trade was closed -128 pips (-£512)

I don't like that weekly support & resistance proximity to entries, could be a chop fest prior to a breakout, there are better opportunities out there.

 

GBP/USD range 1.4418-1.4227

Long 1.4418 @ £2 per pip

Reverse order 1.4227 @ £4 per pip