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EURUSD stop hit

My stop was hit on the long EURUSD, then the pair exploded.

EURUSD

EURUSD

Gold trade stopped out

XAUUSD retraced yesterday. My gold trade has been stopped out

XAUUSD

XAUUSD

Stopped out on AUDNZD

My AUDNZD trade from yesterday got stopped out. No confirmation of the trend, we’re basically ranging like on most pairs currently.

AUDNZD retraced

AUDNZD retraced

Stopped out on two trades

Both open trades have been stopped out. One at break even, another with a small loss.

All 8 trades so far in Feb have been loss making. I missed a few good signals but overall trading conditions have been quite difficult.

EURCAD

EURCAD

AUDNZD H4 (02-12-2016 1950)

Stopped out on all three trades

All trades entered this morning were stopped out during the day, all trends initiated at the end of last week reversed.

Each trade was taken with a very low level of risk, around 0.7 to 0.8% by trade so the loss for today is around 2.1 to 2.4% of my account.

No worries, keep looking for the winners that will make the month, as usual. No revenge trading, no emotions around these losses, they are just what I consider as “my cost of operation”. If I were a startup company these losses would just be the operating costs for Feb.

NZDJPY

NZDJPY

CADJPY

CADJPY

EURAUD

EURAUD

73 pip loss on EUR/NZD

Took a 73 pip loss on my short EUR/NZD trade.

The pair is prone to quite a lot of whipsaws.

eurnzd loss 73 pips

eurnzd loss 73 pips

Loss on EUR/GBP : -68pips

A follow-up on this morning’s setup, I’ve just been stopped out of my EUR/GBP trade. My stop level was at the fractal indicating most recent low. The trade looked good for quite some time (reaching at least R1) but quite a sharp reversal started mid-morning (actually it is voting day in the UK and the latest surveys starting giving conservatives the lead so that boosted the GBP) but I didn’t move, let the trade play. I coul dhave taken the decision to exit at the break of Kijun but wasn’t in front on my screen at that time. Anyway, rule of thumb is to keep losses small, as I mentionned in my strategy section my risk is at 1,5% most of the time so I’m perfectly fine with these lossses.

EUR/GBP Ichimoku loss

Loss of 68 pips on EUR/GBP on Ichimoku system