Beast scalps, NZD/CAD, Other Setups

 

This was a nice scalp after drawing and waiting. A few more pips would qualify this as a just about ideal bread and butter trade (For me). About +6 Pips – more were available but price moved down quickly so I don’t know how it would have gone.

 

Chart GBPJPY!, M5, 2016.09.06 02:32 UTC, FB Forex Broker Inc Limited, MetaTrader 4, Real

 

Then there are 2 more which ended about break even. Not a great set up but managed fairly well. The arrow is around the level I really wanted to look for a Sell.

 

Chart GBPJPY!, M5, 2016.09.07 02:34 UTC, FB Forex Broker Inc Limited, MetaTrader 4, Real

 

NZD/CAD Longer term helped, about +80 pips

Chart NZDCAD!, H4, 2016.09.07 02:36 UTC, FB Forex Broker Inc Limited, MetaTrader 4, Real

 

There were some setups I was interested in. The first 2 would have worked nicely, one wouldn’t have been triggered. (These were Limit orders which I did not enter).

 

USD/JPY –  Sell Stop. The best. I was anticipating head & shoulders

Chart USDJPY!, H1, 2016.09.07 02:44 UTC, FB Forex Broker Inc Limited, MetaTrader 4, Real

GBP/USD – Buy Stop

Chart GBPUSD!, H1, 2016.09.07 02:45 UTC, FB Forex Broker Inc Limited, MetaTrader 4, Real

EUR/USD – Sell Stop wouldn’t have triggered

Chart EURUSD!, H4, 2016.09.07 02:46 UTC, FB Forex Broker Inc Limited, MetaTrader 4, Real

 

| AUD/USD | GBY/JPY | EUR/GBP |

 

Here are a few trades that netted positive pips but not profit. It can be considered more or less a break-even series of trades.

This was due to starting out with a AUD/USD trade that wasn’t a great idea, then having smaller size on the green trades. The trading itself was nothing special, however it was about + 30 pips (before commission) so better position size management could have helped.

The EUR/GBP was based on a weekly chart and provided most of the pips.

 

 

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