London session

London session

This is starting out to be a wierd day.

I was awakened  at about 2:15 am – just after the London sesssion open – by the sound of a couple alerts going off on my MT4 trading platform.  I often leave it running overnight, but I try to remember to turn the speaker off before I go to bed.  I apparently forgot last night.

I got up to turn the speaker off, then did a quick survey, and found the GBP and EUR pairs moving sharply higher.  So I decided to give it a hand.  I was able to jump into GBPJPY on a suckback, and then got in EURUSD and EURJPY on pullbacks to a yellow line. I set up a yellow line for GBPUSD, and it was triggered but the trade wasn’t entered.  I think I didn’t have enough margin – I’m not sure why.

At any rate the GBPJPY trade went up about 11 pips, and then started pulling back. The EUR pairs pretty much just waffled around the entry for a while.  Then eveything started moving south, and all 3 were stopped out within a few minutes of each other.  So I was flat and down <30.3> pips. And went back to bed about 3:15.

I’ve just come back to the charts at 5:30, and found everything has changed.  Virtually everything is now in a range, and I took the EURUSD on a range breakout. However, it just closed the candle back inside the range, and was taken off by my trading assistant for <7.1>

[Finished on Wednesday morning, 9/12/2018]

I went off and left this yesterday, and never got back to it. Since nothing was really moving, and everything was in a range, I set all my range break out pending orders, and went off to do some other errands. When I came back, several of them had hit and then closed back inside the range (where they were automatically taken off by the PATI Trading Assistant), or else were stopped out.  One of them, GBPJPY, apparently was taken out by a very fast spike which resulted in slippage from the stop loss, and I lost <15.7> pips on that one.  So the end result was a VERY down day – 8 trades, all losses, down <75.9> pips for the day (3.68%), <131.6> for WTD, and a whopping <277.3> for the month to date.

Today (Wednesday, 9/12), I’m not going to be able to trade because of other obligations.  Now way to know if that is a good thing or a bad thing, but it is what it is.

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