Today is a mixed trading day. I'm now at work. I'm monitoring market at my free hours. The morning started with a loss. Actually price was moving along the weekly support line no 1. Got a buy signal. According to the force strategy, it was not time for the trade. I took it to see what happens. Price was moving in a range of 5-7 pips. So actually there was nothing to gain. But I took it experimentally as there was the signal.
Lost 20 pips here. Today there was a bulish movement before opening of Tokyo session. And it continued for 15 minutes before starting sideway move.
Then I got a buy signal which I took.
Collected 11 pips there. After that a bear move with a sell signal by advanced rule. But I missed it due to my busyness at work.
After the bear move, a long position taking opportunity came with force advanced rule. Took it but could not take the advantage of it. Took only 4 pips where there was >40 pips available. Due to the busyness with other things, I had get out of the market. I also missed the London entry point. This bull movement was before the London session and it kept going on. Just after the London open a bear signal came. But it produced another 20 pips loss for me in the same candle. I figured out the point of London session open later when I tried to find out the cause of sudden reverse movement.
I'll stop my trade with force strategy today if I don't get enough time for monitoring.
I gained 100 pips from EURUSD pair with different trade and another 115 pips from EURJPY pair by robot trade. I'll let you know about those later. Over all not loss but loss with force strategy. Not the fault of the system though. It's due to wrong implementation.
I thought I'll not trade today. But I continued to monitor market for educational purpose. Found 2 sell signal, couldn't ignore them. Trades were -
Took 8 pips in these two trades. Then quickly I received a long trade opportunity. I took there 12 pips.
Price moved to upper TL and formed a shooting star there and bounce from the upper TL and started to go down during the opening of NY session. I waited today to see the price action. It moved nicely downwards almost 35 pips.
After the nice downwards movement price gave a good buy signal. Took the long position and grabbed 20 pips here.
If I could have stayed in the market longer then I could have gained 40 pips. After the bullish move, price again started to move downwards and gave another good sell signal.
I took the short position. But price started to move to opposite direction. This time I quickly exited 80% of my position with 4 pips and rest with 9 pips. Saved my money (demo money though). It was the hour after which some high impact news was scheduled to be release...
In the last minute of first news candle I took short position as news was in favour of USD. Let's see what happened.
Grabbed 22 pips here. At last I'm feeling good.
Today's pip collection: -20 + 11 + 4 - 20 + 2 + 6 + 12 + 20 - 9 + 22 = 28 pips...
Not bad after such loss. First 20 pips loss was the part of experiment and next 20 pip is due to not monitoring price due to my busyness and last 9 pips were inevitable. So I'll have to be more attentive when I'm trading.
Thanks for listening.
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