Cable trade stopped out

Long Cable Trade

Stopped out at 9547

Result: -89 pips

Long GBP/USD

Buy GBP/USD at market (9636)

Stop Loss= 9547

Target= 9733

Long EUR/USD

Buy EUR/USD at market (2952)

Stop Loss= 2897

Target= 3007

Stopped out: EUR/GBP

Short EUR/GBP Trade

Stopped out at 6601.

Result: -26 pips

Trade Closed- USD/CHF

Long Swissy Trade

Target hit at 2550.

Result: +56 Pips

Short EUR/GBP

Sell EUR/GBP at market (6575)

Stop Loss= 6601

Target= 6551

Close Trade and reverse- USD/CHF

Short Swissy Trade

I've seen a signal to reverse. Close at market. I'm out at 2493 for a -83 loss.

Go long at market (2494)

Stop Loss= 2422

Target= 2550

Close Trade- GBP/USD

Cable Trade

I suggest you manually close this trade. The Cable got within 2 pips of our target and I want to exit now.

I'm out at 9664

Result: +69 Pips

R multiple: 0.68

Trade Closed- EUR/GBP

EUR/GBP Trade

EUR/GBP Target was hit at 6600.

Result: +33 Pips

R Multiple: 1.00

Short GBP/USD

Short GBP/USD at market (9733)

Stop Loss= 9835

Target= 9645

Long EUR/GBP

Darn I forgot to post this, but I put this trade in at 3:00 pm ET. Sorry about that. If the market dips back to this level, feel free to buy.

Long EUR/GBP at 6567

Stop Loss at 6534

Target= 6600

Trade Signal- Short Swissy

Short USD/CHF at market (around 2410)

Stop Loss= 2515

Target= 2300

Trying Something New

Yes, I'm at it again. I am trying something new with my trading that requires less chart time. What I plan to do is make trade calls based on a system that I am testing out. I've manually backtested it on several pairs and it has an outstanding win % so far. I did different types of backtesting as well. I would backtest a whole year straight, then I would try random months from different years to see if I got the same kind of results. Turns out I did which theoretically means I have a solid system in my hands.

So now I'm going to live test it. I'm going to try posting the trades as soon as I see an entry with the appropriate stops and targets. I'm excited and I hope you'll stay tuned.

Happy trading!

-BP