Good morning folks! I’m in a good mood! Three trades running all three in profits way to go.
Actually not even, AUD/NZD reached its profit target this morning as I’m writing this.
A little Ad for @NewCapitalFX :
“I didn’t need to have my cup of coffee this morning to get my heart started, I didn’t need to masturbate either – all that because AUD/NZD reached my profit target overnight thanks to New Capital FX“
-Max Sydney 2021
(Only half joking, I do trade the New Capital style)
Trade Update:
AUD/NZD
Aussie Kiwi reached my TP, only slightly problem is that I miss sized the trade around 0.7% not 1% sadly, but can’t complain 🙂
Yesterday I executed two trades:
EUR/AUD Long:
I was able to execute a long on Euro Aussie yesterday – it moved nicely so my stop is now at break-even – I’m happy, let’s hope we see it reach out profit target before the weekend, that’d be amazing.
CAD/JPY Short
I took a short on Canadian Yen yesterday as well, it was a pretty entry, no problem there, let’s see what happens 🙂
However, while I’m happy with how I executed those trades, I’m also aware that I missed two potential trades.
EUR/JPY
Euro Yen also provided a script entry at 11pm last night – sadly I was asleep – I’ll admit I didn’t expect it to be a script entry since last I checked was at 7pm (the previous 4hour close) and we were quite a fair amount above the area.
CAD/CHF
Canadian Swiss also provided a potential entry – I’ll be straight forward, I didn’t even look at it, we spent so much time outside of the area I had entirely discounted it.
We also saw one additional entry – however it didn’t fit our trading plan.
USD/CAD formed a clear script entry and clear rejection of an area of demand however the stop loss would’ve been above 100 pips so I didn’t execute.
All in all, this month as been insanely active, we have to love it.
FX Watchlist
USD/SGD
Dollar to Singapore is the only pair I have on watch for today we are moving back up to the area of supply we created after we broke an ascending channel / correction pattern on the daily.
Let’s remain vigilant.
I am looking to take a scale in on EUR/AUD and CAD/JPY