Positions opened until now are profitable, although slightly less from yesterday. I will describe it below:
The position opened since Friday came close as far as 9 pips to Take Profit, but later retreated and now I’m waiting for what will happen next. Still I hope to close at Take Profit. Now it’s about +80 pips and was almost +200 pips.
Here’s the position opened on Monday due to a very nice signal in the form of pin bar on the daily chart. Currently, 130 pips on plus. Take Profit below the nearest visible resistance.
Interesting situation on the Australian Dollar. Pair fell below the support, which now clearly turned into resistance and formed two candles pin bar. It is worth to consider a short trade, but I would wait for a 50% abolition of yesterday’s candle because it will give you a lot better R/R with only 65 pips Stop Loss, Take Profit will be over 240 pips.
Another trade is the Pound to the Canadian Dollar, opened after Outside Bar signal. The position now brings more than 200 pips of profit, and to Take Profit is missing 200 more. It is worth adding that the Stop Loss was about 100, so far the number of profit pips is large, but it is only 2x more than the initial risk.
Interesting situation on the next pair with the Pound. Yesterday’s candle is an Outside Bar because it completely covers the candle preceding it. We are under previous support, which should now be a resistance. Currently, the price tests 50% of the signal candle that allows you to enter shorts with a Stop Loss about 35 pips and Take Profit over 150.
The downward trend on the New Zealand Dollar to Yen has accelerated. The price has breached support and I am now waiting for a correction. If a sell signal appears on H4 graph while testing the level from below, I will open a short position.