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  1. #1
    Join Date
    Apr 2011
    Posts
    56

    Default Week 26 Results Update +160 pips

    Carried over 2 trades from week 25.
    Wrote 5 signals for week 26.
    2 wins, 2 untriggered and 1 loss.

    Still a profitable week with 160 pips based on the signals. I made far less than that, read to find out more.

    Here’s the trade by trade breakdown.

    Week 25 Trades


    #103 NZDUSD - Closed out at +100 pips



    Great start to the week. Price gapped down at open
    Started the week well. A piece of NZD news helped us to kickstart our week with 100 pips profit.

    #98 AUDNZD – Still holding my one last ticket. See saw ride but I’m certain it will go out so I broke my rule by letting my last position run till it hits my profit target. Those who followed our usual rules will have broken even or locked in 50 pips profit.

    Week 26

    #104 NZDJPY +100 pips



    We followed all our rules. Genuine failure as price is already at strong support
    Genuine failure. Technically we did all the right thing. Out at a small loss.

    #105 EURUSD Untriggered



    No strong pullback for a long

    Missed entry target by a huge margin. No entry but also no loss here.

    #106 EURJPY Untriggered



    issed entry by 11 pips
    The missed entry for EURJPY infuriated me. I was 11 pips away from entry. Could have gotten me a 170 pips ride to the close of the week.
    Free forex education and trade signals only at [url]http://fxgump.com[/url]

  2. #2
    Join Date
    Apr 2011
    Posts
    56

    Default

    #107 GPBUSD +50 pips



    Was supposed to stick to my plan, but got burnt big time
    The missed trades have gotten into me. Decided to play defensive and ignored my initial planned levels for stops.

    End up being stopped out for a short -35 pips, then stopped out again for a long -20 pips and trailed out of short again at 20 pips.

    See the tweets by me. I’m sorry that I might have caused confusion among the readers. Will cut down on personal thoughts next week.

    Emotionally, I lost it.

    #108 EURUSD +50 pips



    Finally a buy entry order was triggered.
    This was a happy trade for me. Price bounced of my entry price immediately.

    Shifted stop to 50 pips profit after it hit 100 pips of profit.

    Out with 50 pips profit.

    Final Comments

    Even after years of trading, mentally I still have ways to go.

    The GBPUSD trade was a great example of my weakness.

    We share everything we experience, be it good, bad or evil.

    We believe whatever we experienced as traders will one day happen to you guys too.

    What is sharing when it is not genuine?

    Will look to bounce back next week, stay tuned for more signals at FxGump!
    Free forex education and trade signals only at [url]http://fxgump.com[/url]

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