Cable and Guppy Trade Journal

[NeuroLogicFX]

Originally Posted by NeuroLogicFX

Trade 6 update:
My stop was hit and I am now flat waiting for another opportunity.
The total for this trade was:
TP on 1st 50% = 70 pips
TP on 50% Add = 100 pips
TP on 2nd 50% = 150 pips

That gives me an avg of 106 pips for that trade.

I calculated that wrong

The original order was 70 + 150 pips which is 110avg
The add was a half position for 100 pips which is 50avg

So, 110 + 50 = 160 pips for Trade 6

[NeuroLogicFX]

Trade 7:
GBP/USD Taking a LONG now @ 2.0479 ask
Stop @ 2.0450
TP open (will update shortly)

[ActiveTC]

nice trade since we are supposedly in wave 4, waiting wave5 final to 2.0560, but I don not advise anyone to hold above that level without tight stops.

[NeuroLogicFX]

Originally Posted by ActiveTC

nice trade since we are supposedly in wave 4, waiting wave5 final to 2.0560, but I don not advise anyone to hold above that level without tight stops.

Thanx for the comments ActiveTC.

Trade 7 update:
Cable Long is currently up +32 and I moving my stop to BE @ 2.0479
I will close 50% @ 1.0520 for +41 and leave the 2nd 50% open.

[NeuroLogicFX]

Trade 7 update:
While I was out, I was stopped at BE.

I moved my stop up a little to soon. I am still biased long and will try another long.

Trade 8:
Cable Long here @ 2.0490
Stop @ 2.0450
TP 50% @2.0530 and leave 2nd half open.

Good trading to everybody.

[NeuroLogicFX]

Trade 8 update:
My first TP was hit @ 2.0530 for +40 and I am still holding the 2nd 50%.
I have moved my stop to BE on the remaining.

[NeuroLogicFX]

Trade 8 update:
I am looking to add back the 50% to my cable long around 2.0515

Back Later

[NeuroLogicFX]

Originally Posted by NeuroLogicFX

Trade 8 update:
I am looking to add back the 50% to my cable long around 2.0515

Back Later

Price has just shot up and printed 2.0560. LOL, forget adding on. I missed by a few pips there.

I am tempted to close the remaining 50% here. But, for now, I am just going to move my stop up to 2.0515 and just watch how it acts at this level (2.0566 as I am typing).