I didn’t expect to see an opportunity to trade when I woke up. There was an entry signal for using the PIPS Swing method – enter after a full candlestick formed above the Pips Weekly Pivot with GRBB short and thick green bars and Hull Moving Average aqua in color. Without much hesitation, I grabbed the opportunity and executed a buy order.
I had a pleasant surprise the following morning. Seeing a decent positive profit, I decided to take the profit and manually closed the trade. Thinking in my mind, “I have a string of losses prior to this trade, this win would give me some confidence to trade further.” I can see emotions in play.
Bought 1 mini of USDCHF at 1.0785 on 17 Feb 10
Sold 1 mini of USDCHF at 1.0856 on 18 feb 10
Profit = 71 pips
You may also like:
- USDCHF (Long) – closed on 16 Feb 10
- USDCHF (short) – closed on 18 Dec 09
- USDCHF (short) – closed on 4 Dec 09
- EURUSD (long) – closed on 28 Dec 09
- EURJPY (short) – closed on 13 Dec 09
- USDCAD (short) – closed on 8 Dec 09
- GBPUSD (short) – closed on 17 Dec 09
- AUDUSD (long) – closed on 13 Jan 10
Discover the Secrets of Singapore Trading Gurus!
Interviews with Singapore stocks, forex, futures and options traders and trainers! This book is written for you:
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