Strange day for me never felt really comfortable, but profitable. Not sure why PA was kind of erratic, but not unusually so. Traded a couple of pairs I usually don't, eur/cad and cad/jpy.
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DislikedEasy quick day trading GBP pairs. Profit target hit for day, I'm done. {image} {image} {image} {image}Ignored
DislikedI shoot for 100 pips per day and typically trade 2 lots per trade. GBP pairs were showing PA I love which is long period of consolidation going into NY open, and some bad economic news released earlier with little effect. Recipe a for price to Break out. This combo usually results in either a good easy trading day, because even if it doesn't go exactly as planned it will get some trades where you get to B/E quickly.Ignored
DislikedAgreed Rob I'm done, trades did better than I thought they would, so I'm satisfied. {image} {image}Ignored
Disliked{quote} Hi Rocky I appreciate you sharing your trading system with us. Finding it difficult to be consistently profitable. You seem to apply more than just Currency Strength when choosing a pair to trade. Can you offer more insights into what to consider when choosing the pair to trade? I do understand that there will be good and bad days, I'm just trying to figure out what I can do to keep me out of some of the bad ones.Ignored