JULY 28 Recap - GBPUSD / EURJPY
ShaneD
The London session was serving up some slop but as we all know, nice movement comes right after the mess. It was a short session for the U.S. as you took two painless trades and using POQ (power of quitting), you walked away a profitable winner. A 3 of 6 even comes into play.
How's that for working 1.5 hrs?
Once again, "trouble candles" have been highlighted and trades passed on. Why? The candles were indecision and when you get a group of them together, entering a trade is easy and so is drifting price action to your stop. Consider adding that filter to your setups.
Enjoy the update! I think you can see if the only style of trading you use is the UMT / AT, you can do quite well.
(Note: the time on the spreadsheet for the trades is, at times, not accurate. I have missed jotting the times down. Times are accurate in relation to session)
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