Since I have taken the loss tonight, my 1% risk has been calculated using the modified fund value.
The other trades running at the moment are a Long trade on AUD/CAD and a Short trade on GBP/CHF. As far as trade maintenance is concerned, I couldn't move the Stop on the AUD/CAD since it came within a whisker of being exited today, however with the move later this afternoon, the reasonable Take Profit Point has moved, and so I have adjusted the Trade accordingly. Similarly on the GBP/CHF, it is too early to move the Stop, but I have moved the Take Profit value.
While the GBP/AUD trade did not trigger today, I have left the trade to run overnight, as the price action is moving in the right direction, so the same figures will stand for today.
In addition to the above, I have placed 3 new Short Orders in the market: GBP/USD (the price has retraced further,and so a new Order has replaced yesterday's), EUR/USD and EUR/CHF.
So my Trade table looks as follows:
| Curr. Pair | Direction | Entry | Stop | Target | P&L | Comment |
|---|---|---|---|---|---|---|
| GBPCHF | Short | 1.4363 | 1.4554 | 1.4113 | +60 pips | Day 5, TP Extended |
| AUDCAD | Long | 1.0305 | 1.0223 | 1.0405 | +19 pips | Day 4, TP Extended |
| GBPAUD | Short | 0.8681 | 0.8774 | 0.8588 | - | Leaving to run |
| EURGBP | Short | 1.5268 | 1.5378 | 1.5105 | -93 Pips | Stopped Out |
| GBPUSD | Short | 1.6168 | 1.6306 | 1.6030 | - | - |
| EURUSD | Short | 1.4114 | 1.4242 | 1.3986 | - | - |
| EURCHF | Short | 1.2498 | 1.2598 | 1.2398 | - | - |
Sorry, no pictures today ... I have to get some sleep :O)
... but I'll wish you ... Happy Trading ... and I'll be back tomorrow.
Nick :O)
