Disliked2015 Week 43 - Trade Summary: 4 trades in total: - 2 Wins - 1 BE - 1 Loss The first weekly summary from me in a while, since I've been travelling for the past few weeks. Whilst I struggled to trade during the break, I spent a lot of time developing my trade plan with a particular focus on being more selective with my entries in order to avoid losses. I'm hoping that the results of this work become evident in my trading over the next few weeks.Ignored
I'm particularly impressed by your agressive S/L and consequently your high % returns on winning trades. Basically, you are using approximatly a 0,5xATR(10) with TP's at 1x and 2x. Do you have some results over a longer sample of trades on how many trades are losses / BE / wins? I'm trying to rethink my current strategy of 2xATR S/L but my entries aren't good enough I think for a very tight stop.
Tuesday's trade: Doesn't look pretty in hindsight with a classic LO low of the day. But FO actually closed below the 4H MC of the first 4 hours in Asia so I definatly understand an entry.
Good weekend and best of luck next week!