I recorded a video journal for the previous week’s trading, recording my thoughts and trades. I started off by eyeballing a nice GBPJPY double inside day breakout, but I abandoned the trade idea in favor of a ‘breakout and re-test’ type trade on the AUDJPY that I couldn’t resist.
The trades actually played through NFP and some weekend gaping. Check out the video to see what happened.
EURJPY H4 & EURCHF H4 GAP –> Mean Reversion on the 06.07.2015 during the Asian Session were great trades as well.
I found it interesting how you used a SL Buffer Zone to trade the GAP. Personally I missed the GAP on the AUDJPY as I am not yet confident on how to perform these setups correctly..
Always 10/10 TFG.
Cheers James –> Full Time Day Trader (For Life)
Nice AJ trade. Thanks for talking us thru your analysis.
Well done mate, I have been trading for 10+ years and I wish I found this website earlier.. So crisp and clear! How did you develope the money management tool, is that mql5?