Forex Trading Performance Wk 31 Gain 566 pips 80% Winning Trades

Winning trade that contributed to our forex trading performance was to AUD and NZD crosses

Trading Notes:

1. 2 weeks of losses – what does it mean to me? It will be 2 weeks of negative performance, 2 weeks of lost income.  Although in term of pips loss, it wasn’t a lot, but spiritually, in confidence it is definitely demoralising

2. For the past one month, market was behaving in tight range. Most trade profit levels not reached.

3. For the past 2 weeks, I’m seeing less tweets from students. It is important to learn from losses and grow stronger from it. Never give up hope. Think positively.

 

Forex trading performance for Week 31 scored total pips 566 pips

See breakdown and explanation of trades below.

  • GBPNZD average gain 235 pips
  • USDJPY lost 80 pips
  • AUDUSD average gain 106 pips
  • EURAUD average gain 190 pips
  • EURGBP gained 115

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GBPNZD – big picture planning is very important

 

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GBPNZD Average gain 235 pips

 

USDJPY   – what’s wrong with big aim?

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USDJPY Lost 80 pips

 

AUDUSD – A counter trend at strong support

 

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AUDUSD average gain 106 pips

 

EURAUD   – Head and shoulder but trigger at right shoulder

 

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EURAUD average gained 190 pips

 

EURGBP – sell limit at a strong resistance

 

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EURGBP gained 115 pips

 

 

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