Hi Guys,
Just a quick weekly summary (closed trades only - I still have about $6K in floating profit at the moment):
This week, SFE Price Action has finally recovered $8K of the $40K loss, and I believe there is a good chance that there will be more profit to come with next week's FOMC.
SFE EURUSD has been on a 6-month losing streak and I also feel a big breakout in EURUSD will come very soon, which should give us a nice boost.
The new star is SFE Attractor, which has already made me near $16K since I bought it a month ago, with $14K in the past week alone! - now, who says the $1200 price tag is expensive?
SFE Night Scalper ended with some loss but it is sort of expected with the market being more volatile this week.
The only disappointment this week was that the EUR pairs did not climb high enough, and Gold did not drop enough for most of the trades to reach TP. At one point my account was up to $140K in equity but they evaporated as the prices retraced. Nevertheless I know leaving the trades alone is the right thing to do, as there will eventually come a day where the price action will continue to reach those TPs and give me massive gains. For now I am just very happy to end with a $22K gain (or $28K if counting floating profit) for this week.
I will withdraw $10K next week and put it in the bank, and I probably should take my wife out for a nice dinner so she stops nagging me about still trading forex!
Now I am really looking forward to see what FOMC will bring next week!
Just a quick weekly summary (closed trades only - I still have about $6K in floating profit at the moment):
Strategy | Lifetime P/L | This Week's P/L |
Manual Trades | +$70142.26 | +$2886.79 |
SFE Price Action | -$32617.69 | +$8074.67 |
SFE Night Scalper | +$3002.86 | -$1611.99 |
SFE Attractor | +$15939.67 | +$14305.17 |
SFE EURUSD | -$4228.74 | -$1604.95 |
Total | +$52238.36 | +$22049.69 |
SFE EURUSD has been on a 6-month losing streak and I also feel a big breakout in EURUSD will come very soon, which should give us a nice boost.
The new star is SFE Attractor, which has already made me near $16K since I bought it a month ago, with $14K in the past week alone! - now, who says the $1200 price tag is expensive?
SFE Night Scalper ended with some loss but it is sort of expected with the market being more volatile this week.
The only disappointment this week was that the EUR pairs did not climb high enough, and Gold did not drop enough for most of the trades to reach TP. At one point my account was up to $140K in equity but they evaporated as the prices retraced. Nevertheless I know leaving the trades alone is the right thing to do, as there will eventually come a day where the price action will continue to reach those TPs and give me massive gains. For now I am just very happy to end with a $22K gain (or $28K if counting floating profit) for this week.
I will withdraw $10K next week and put it in the bank, and I probably should take my wife out for a nice dinner so she stops nagging me about still trading forex!
Now I am really looking forward to see what FOMC will bring next week!
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