A slow but (somewhat) profitable morning
It’s a peculiar morning.
There is no news today, and, in fact, much of Europe is on bank holiday, according to forex factory. That argue for a very quiet market.
But several pairs are moving rather sharply.
I have long trades in on YL trades in on NZDUSD, AUDUSD, and AUDJPY.
USDCAD broke the daily range to the downside, and went down for another 13 pips, but then pulled back up and stopped me out for <10.0> That’s probably a case where I should not have let a winning trade turn into a losing trade. Kim took the same trade, and punched out at BE.
Still holding NZDUSD, AUDUSD, and AUDJPY.
Fairly boring session, actually. Punched out of NZDUSD for +1.5 because it just wasn’t going anywhere, moving up and down, mostly around break even. The AUD’s eventually took off, but didn’t quite make the targets. Took AUDJPY for 18.9, and the AUDUSD for 10.7.
Net: 4 trades, 3 wins/1 loss for +21.1 pips (+1.09%).