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Success on the 4hr charts

Tags: pips chart

Hi There,

Let me start with the trades I opened yesterday based on the 4hr charts. These 3 trades were closed today giving me a total of 237 pips! Below is the enteries

EUR/POUND












USD/JPY












AUD/USD












This along with bagging 20pips on Cable with the London open set me up nicely for the day with 257pips. After lunch i was looking at an opportunity to short Eur/yen on the hourly charts. While waiting for some stupid reason i saw what i thought was a long on the Eur/yen 15min charts. It was a countertrend and at one point I was 37pips open but stupidly left it and ended up getting stopped out for -63pips. It was a dreadful trade with too wide a stop. Lesson learned but it left a sour taste in the mouth after such a good day!

Todays result + 194pips
Hope everyone had a good trading day.

Later



This post first appeared on FX Trader, please read the originial post: here

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Success on the 4hr charts

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