Day 9 (Wednesday, July 19th): Increased to $2608
Increased account by $128 today.
This makes a 30.4% return so far which is acceptable. My demo account was at 37.26% by this point so I am slightly behind schedule -- see Day 3 for the main cause of this.
Made 15 pips on USD/JPY today.
No loss trades today.
Once again, calling it a night very early. I am uncomfortable with some of the behavior in the market right now so I will stay away until tomorrow.
****
TRADING COMMENTS:
I departed from EUR/USD and EUR/CHF entirely today. I failed to get a feel for them in order to acquire confidence in channel development. I did not attempt any entries in these two pairs today.
USD/JPY caught my eye this morning so I watched it's behavior throughout the day. I made my first entry at 12:40 PM EST today after watching it's chart for a little over 4 and a half hours. I stayed away from the market for the big movements of the day and settled into my channels once the dust cleared.
BROKER COMMENTS:
Re-quoting was a problem today but not as bad. Last week the re-quotes seemed to decrease as the week went on. I wonder if this is how it is with MIG? I missed only a few entries and a few exits at profit (had to break even) due to re-quoting today.
Increased account by $128 today.
This makes a 30.4% return so far which is acceptable. My demo account was at 37.26% by this point so I am slightly behind schedule -- see Day 3 for the main cause of this.
Made 15 pips on USD/JPY today.
No loss trades today.
Once again, calling it a night very early. I am uncomfortable with some of the behavior in the market right now so I will stay away until tomorrow.
****
TRADING COMMENTS:
I departed from EUR/USD and EUR/CHF entirely today. I failed to get a feel for them in order to acquire confidence in channel development. I did not attempt any entries in these two pairs today.
USD/JPY caught my eye this morning so I watched it's behavior throughout the day. I made my first entry at 12:40 PM EST today after watching it's chart for a little over 4 and a half hours. I stayed away from the market for the big movements of the day and settled into my channels once the dust cleared.
BROKER COMMENTS:
Re-quoting was a problem today but not as bad. Last week the re-quotes seemed to decrease as the week went on. I wonder if this is how it is with MIG? I missed only a few entries and a few exits at profit (had to break even) due to re-quoting today.