End of Day 5 results and brief outline of how the day played out :
After looking at the daily chart of Wells Fargo (candlestick pattern) and while watching Bloomerg before the open it became evident that the banks might be taking a hit so I decided to wait for the price to enter closer to the area marked on chart beofre placing a buy order.
The Coca-Cola trade was closed for a profit of £125
Medtronic was entered as a short a bit late in the day and was closed for a profit of only £30
I then re-entered Coca-Cola for some reason
😱 once again incurring the dreaded spread. (currently showing a loss of £17)
Also likewise U.S. Bancorp was re-entered as a buy once again (currently showing a loss of £17)
Pepsico was also entered late in the day and has been left running (currently showing profit of £42)
Daily changes according to Etx
Coca-Cola (s) - 18.0
Medtronic (s) - 225.0
Pepsico (s) - 120.0
US Bancorp (b) - 57.0
Once again I have managed to take some good opportunities to make a large number of points and thrown it away with my own poor management
😱 - In my defence this has mainly been due to me concentrating my efforts on forex and the way I normally trade my real account.
Anyhow the account balance is currently £1309.0 and the open trades are showing a total of £9 profit.
Later I will post a more thorough set of results for the experiment which will include graphs, with the details of when the signal was receieved and a few tables of more accurate and easier to understand results.
YouTube - 32.How to Trade the Morning/Evening Star Candlestick Pattern