April 26 - 30 recap

Brought forward entries :

• Nil
  

This week's entries:

• EURJPY entry (44) exited @ BE (3 pips profit) (point 0)
• GBPUSD entry (45) exited @ SL loss of 26 pips (point 0)
  
• EURGBP entry (46) exited @ SL loss of 13 pips (point 0)
• USDCAD entry (47) exited @ BE (3 pips profit)
• USDCHF entry (48) exited @ BE (3 pips profit)
• AUDJPY entry (49) exited @ SL loss of 34 pips (point 0)
• EURGBP entry (50) exited @ SL loss of 40 pips (point 0)
• USDCHF entry (51) exited with 29 pips profit.
• NZDUSD entry (52) exited @ BE (3 pips profit)
• USDJPY entry (53) exited @ BE (3 pips profit)
• GBPUSD entry (54) exited @ BE (3 pips profit)
• GBPUSD entry (55) exited @ TP 132 pips profit.
• EURCHF entry (56) exited @SL loss of 9 pips
• GBPAUD entry (57) exited @ SL loss of 40 pips
• EURGBP entry (58) exited @ SL loss of 25 pips
  

Outstanding entries :
Nil

Starting of this week i had no good setups so i tried a new plan, that was to enter the market when i see a Point(0) start of the wave 1 in elliott waves ( well i have a indicator to tell me that ). Which resulted in a couple of losses.

If i had been more patient and waited for my original plan, i would have made 102 pips, instead i closed the week with a loss of 8 pips, not so bad after all. Well at least i learned to be patient by mid week.

This week was a learning week, ended with loss of 8 pips.
I don't have any carry trades next week and next week will be profitable.

After writing this post i entered a few trades.......

• GBPAUD entry (59) exited @ SL loss of 50 pips.
• AUDUSD entry (60) outstanding
• AUDJPY entry (61) outstanding

So i am down 58 pips, still within my tolerance of 100 pips. Also i have 2 outstanding trades over the weekend.