Trades for 10/16 ( P/L +8 )
Only 2 trades today as i wasn't feeling 100%
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Time: 9.50am
Entry: Long 1414
Target: 1420
Stop loss: 1412
Exit: 1437
P/L +5
Before i entered this trade i noticed that the MACD histogram on my 30 minute chart was turning up, so i was thinking maybe there would be a positive bias early on. After a 2nd test of the 1412 area i went long. Got out too early but still happy with the trade.
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Time: 10.50am
Entry: Long 1416
Target: 1420
Stop loss: 1414
Exit: 1419
P/L +3
MACD turning up, TICK EMA turning up and reversal time of 11am, so risk/reward seemed good. I had to hold onto this trade longer than usual to get a profit ( exited at 12.18 ). I think i was lucky with this one.