PTtrader's Blog

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Dont give up

Yesterday i had 50% drawdown thanks to big sell of on EURUSD and GBPUSD. SO i will not give up and keep trading. Now i expect keeping EURUSD in downtrend, so i opened pending order for selling 5M at 1.2950 with target 1.2790 and SL 1.3030. So my risk is 80 pips and target 160 pips.
Have a good trades.
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Today will be very important day

Today is the first friday in new month, so it means that will be very important news from USA economy, which is Uneployment claims. But it is not everything, at the same time will be ECB press conference so it will be lot of volatility in the EURUSD pair i guess. My expectations are, that USD will be weaker and EUR and GBP will rise in value. Lets see the result.
Have a great trading day!
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GBPUSD Stop loss hitted

Today i found, that GBPUSD SL was hitted. I analysed the market once and found that 1.6460 is very important key level, so i decided to open another pending order with tight stops with size 2M USD. At this trade i risk only 50 pips and target is 140 pips, so its very good TP:SL ratio.
I wish to all of traders good day.
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GBPUSD cancelled order

Dear followers,
i opened GBPUSD buy stop pending order for 0.5 million position several hours ago and went sleep. I found after i wake up, that the market didnt go upper about 5 pips, where i placed pending order and went down about 100 pips, so i got about 100 pips better price thanks to pending order.
I wish you good trades.
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