A Loss.....

The GBP.CHF trade was a loser. This was another repeat episode of me trying to catch a falling knife.

Time to wipe the blood off my fingers....

A win....

Took profit on the USD.CHF trade. It did what was expected.

Love Them Swiss!

I just can't get enough of them (Rolex, anyone?)! Got into another trade, this time GBP.CHF. Setup is similar to my USD.CHF trade.

Swissy

Took a new trade on USD.CHF pair. Nice pinbar off daily PPZ with RSI Divergence. Take Profit area also properly defined.

Let's see if she wants to go there...

Getting out when things are not working as planned

Got out of the EUR.USD trade at BE. The pair stalled at the 1st area of trouble, which I only realized after I was already in the trade.

Obviously the momentum was not enough to push thru this minor resistance points, so I made a decision to get out with my initial capital still intact.

Note that the rejection was almost to the pip at the bar lows. If I had simply target the lows as my Take Profit place, my order may still not get filled due to spread.

This would be especially true for those exotic pairs that have wild spread, and tis could be costly to me.

I have now made some changes to my spreadsheet column to include this considerations when calculating TP points.

Watching.....

As I was about to shut my PC down, I noticed this obscure pair that hasa nice potential setup. Nice PA (BEOB), off 61.8% Fib. off daily PPZ, some space for it to run.....what's there not to like?

Ok, Ok.....now I'll shut down my PC and head off to the gym.!

Euro Ride

New trade. Nice support at 1.40, 61.8% Fib confluence off daily chart (not shown). Take profit zone near the bar lows hanging at the above daily PPZ.

Shutting down my PC now.....gonna pump some irons at the gym. Will see how this trade unfolds when I get back.