Still trading demo and after the first week of this month only been able to trade daily+ time-frames due to work. It certainly helps focus on the better setups.
Have seen plenty of IB setups but just watching at the moment to see how they work out. Looking forward to see how September pans out and hopefully be back in J16 PF soon
Chart 1
USDJPY H4 DBLHC
Took 50% off at FTA then trailed stop below low of prev. bars close.
Result: 0.38R
Chart 2
GBPJPY H4 PB
Set trade up before going to bed, when I checked trade in the morning it had triggered but gone sideways for 8hrs+ so moved stop to BE and was shortly stopped out.
Result: 0
Chart 3
USDCAD Daily PB
50% off at FTA the trailed stop behind low of prev. daily bar.
Result: 1.68R
Chart 4
CADCHF Daily PB
PB triggered but looked bearish after closing below high of PB. Also noticed after I was in the trade price recently moving out of a consolidation area. Kept initial stop at low of PB but added TP at BE to get me out flat as I no longer liked the setup.
Result: 0
Edit: If I can just focus on trading the pullbacks in favour of the trend rather than against it I might get some multiple R trades.
Have seen plenty of IB setups but just watching at the moment to see how they work out. Looking forward to see how September pans out and hopefully be back in J16 PF soon
Chart 1
USDJPY H4 DBLHC
Took 50% off at FTA then trailed stop below low of prev. bars close.
Result: 0.38R
Chart 2
GBPJPY H4 PB
Set trade up before going to bed, when I checked trade in the morning it had triggered but gone sideways for 8hrs+ so moved stop to BE and was shortly stopped out.
Result: 0
Chart 3
USDCAD Daily PB
50% off at FTA the trailed stop behind low of prev. daily bar.
Result: 1.68R
Chart 4
CADCHF Daily PB
PB triggered but looked bearish after closing below high of PB. Also noticed after I was in the trade price recently moving out of a consolidation area. Kept initial stop at low of PB but added TP at BE to get me out flat as I no longer liked the setup.
Result: 0
Edit: If I can just focus on trading the pullbacks in favour of the trend rather than against it I might get some multiple R trades.