Trading Day 5.22
Coming off a good start to the trading week with a multiple target winner on the $USDJPY, today has not dissapointed…yet. After teasing my targets by a few pips all morning I was finally able to capture initial targets on my $NZDUSD short position. I did end up taking a loser on an agressive $AUDUSD head & shoulders bottom formation, but due to using an agressive trail stop method the loss was minimal leaving me in the black to end the trading day.
With that being said I do have another open position on the $AUDCAD that isn’t looking too hot and a pending buy limit order on the $USDJPY that may be filled any second now.
However, what matters the most is that these were all “good” trades & as long as I’m consistent with that, i know that I will be consistently profitable over time.
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