Day Trading the Forex for Profits...

NZD/USD - long 0.7264, risking 0.55%

SO, after another busy day, I have a guaranteed profit of 1%, and depending on how NZD/USD performs, it could be 2%

I will take half of NZD/USD at 0.7285, and the rest at 0.7310

Stop at 0.7245
 
Quote from elomich:

Glad to read a journal whose author trades similar to me. Please keep it coming.
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Nice to hear from another trader who trades in a similar fashion.

you see the same setups? do you take exits if PA looks bad? do you scale out to multiple targets?

in what way are we similar?
 
I'm a US trader that for some reason has decided to add spot to regular US session.

So I am trading an hour before London through US session. I am mainly just watching Eur/Usd though.

I'll be subbed. Do you have any charts showing what you are looking at?
 
NZD/USD worked out, but I took the entire position at first target, so I finished the day up about 1.8%

Now, 7.1% for the week, and over 13% for the month.

Tomorrow will be light trading, I never trade heavy on Friday... Maybe 1 or 2 trades tops, risking more than 0.5% on each trade.

We will see how the night shapes up.

Good trading to you all -

Greg
 
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