ForexSpirit

The week started with some plain sailing. There was one Sunday evening EUR/USD trade entered and one overnight limit order GBP/USD trade to get the scoreboard ticking. These were followed by three additional trades during the New York session.

When things go as planned there isn’t too much else to say!

Trade 1
Short EUR/USD
Entry: 1.2832
Exit: 1.2822
Pips: +10

Trade 2
Short GBP/USD
Entry: 1.6351
Exit: 1.6341
Pips: +10

Trade 3
Short EUR/USD
Entry: 1.2775
Exit: 1.2765
Pips: +10

Trade 4
Short EUR/JPY
Entry: 126.32
Exit: 126.255
Pips: +6.5

Trade 5
Short EUR/JPY
Entry: 124.845
Exit: 124.789
Pips: +5.6

Total daily pips: +42.1

I tried to enter additional sterling trades throughout the day but there were no substantial retracements so I ended up remaining on the sidelines during an impressive 800 pip decline.