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Bummer! We lost 30 pips today. The market was fluctuating in a fairly small range during the Europe session. The sell stop order was not filled until 9:54 GMT. But the market only went down to 124.69, 12 pips shy of the take-profit target, before it turned around and went north. Two hours later, the stop loss was hit. This makes us break even for the month again.
We had another win. The stop buy order was filled at 124.57 at around 7:36 GMT. The market was moving fast. Our target was hit within 13 minutes. 30 pips of profit were booked today.
AND we had a winner today. The stop sell at 123.26 brought in 30 pips of profit. The order was filled at around 9:38 GMT. 20 minutes later, our take-profit target was hit. Have a great weekend.
Sorry for the delay in updating the trading activities on the Euro Yen 30/30 breakout system. So far, we are down 30 pips for the month of March. The results are as follows:
3/2: -30 pips
3/3: -30 pips
3/4: +30 pips
3/5: 0 pips
We incurred another loss today. The stop buy order of 117.93 was filled at around 7:45 GMT. Unfortunately, the market turned south as soon as the order was filled. It hit our stop loss about 25 minutes later.
So based on our trading plan, we’d only trade between the 1st and the 14th of each month. Since 14th falls on Saturday, that means today is our last trading day of the month.
Both of our orders were filled today - one win and one loss. It was a break-even day. First, the stop buy of 116.47 was filled at around 7:37 GMT. The market pushed to a high of 116.68 or so before turning south. We took a 30-pip loss for this order. And then the market began to drop fast. Our stop sell was filled at 115.93 at around 8:35 GMT. Within 10 minutes, we took in the 30-pip profit.
Bummer! The stop buy order did not score a win. We lost 30 pips today. The market was in the consolidation mode and was moving in a small range. Oh well, two more days before we stop trading for the month of February. Hopefully, we can score a couple of more wins.
Today is another good day for us. We were able to grab 30 pips of profit. The stop buy order of 118.59 was filled at around 11:08 GMT. About half an hour later, our take-profit target was met.
