PegasusFX Trading Strategy & Daily Journal of my Trades & Results

21.10.2016 | RESULT: -19 Pips | ANNUAL: +152 PIPS

TRADE SUMMARY >> A trade in bearish direction was opened up at 17:00 BST from 12am Candle on 4H. Candle pushed down initially to +30 pips but formed a bullish pin bar and quickly rose back up to leave my trade -39 pips at highest point. Price retraced a bit towards the downside and I closed my trade at 21:00 BST (*Market close was in an hour at 10pm) for a relatively small loss of -19 pips.

OCTOBER 2016 TOTAL: +173 Pips
 
24.10.2016 | RESULT: ## Pips | ANNUAL: +152 PIPS

TRADE SUMMARY >> Trade was opened in bullish direction on 08:00am BST 4H candle. After an initial burst upwards price couldn’t break through resistance at 1.2255 and reversed back downwards. At time of writing (22:30 BST) trade sits at -15 pips below entry price. BOE GOV Carney & President Draghi are scheduled to speak tomorrow from 15:35 BST onwards so I will be exiting trade at 15:00 as per my rules.

OCTOBER 2016 TOTAL: +173 Pips
 
25.10.2016 | RESULT: -90 Pips | ANNUAL: +62 PIPS

TRADE SUMMARY >> Trade that that was opened yesterday ended in a full loss of 90 pips. For most of the morning price was hovering just below my entry of 1.2243. I had planned to exit at 15:00 before Carney speech at 15:30 BST but around 13:30 price shot down in bearish direction and took out my stop loss. Price continued to drop and another bearish price action formation resulted in a sell trade being opened at 17:00 BST just after Draghi speech had commenced. At time of writing this trade is -25 pips below entry price.

OCTOBER 2016 TOTAL: +83 Pips
 
26.10.2016 | RESULT: -54 Pips | ANNUAL: +8 PIPS

TRADE SUMMARY >> Trade that that was opened yesterday ended in a -54 pip loss. A bullish price action move to the upside created a buy trade at 12:00 BST, which meant the previous sell position was closed automatically for that loss of -54 pips. New buy trade is still open and hovering around BE level. GBP GDP figures are due out at 09:30 am BST so will exit this trade at 09:00 am

OCTOBER 2016 TOTAL: +29 Pips
 
27.10.2016 | RESULT: -10 Pips | ANNUAL: -5 PIPS

TRADE SUMMARY >> Bullish trade that was opened yesterday had to be closed at 09:00am BST before GDP numbers came out for a loss of -10 pips. The results of these figures caused some volatility with the price initially shooting upwards before taking a sharp turn to the downside which created a sell trade, which is still open now. Will close before USD Advanced GDP numbers which will be released tomorrow at 13:30 BST

OCTOBER 2016 TOTAL: +18 Pips
 
28.10.2016 | RESULT: +23 Pips | ANNUAL: +16 PIPS

TRADE SUMMARY >> Bearish trade that was opened from yesterday was closed before USD GDP figures came out for a small profit of +25 pips. The GDP figures did push price back up to the upside. At 21:00 BST, there was a bullish price action formation but I closed this trade immediately, as per my rules I do not leave trades open over the weekend.

OCTOBER 2016 TOTAL: +35 Pips
 
31.10.2016 | RESULT: -70 Pips | ANNUAL: -53 PIPS

TRADE SUMMARY >>A bearish price action signal formed on 12:00 BST candle. Price initially dropped but shot up on the next candle. A bullish price action entry then occurred so my Sell trade was stopped out for a -70 pip loss. This has brought my October total down to a negative of -35 pips for the month. Bullish trade is still open at around BE.

OCTOBER 2016 TOTAL: -35 Pips
 
01.11.2016 | RESULT: +1 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> Bullish trade from yesterday was closed at BE. Stop loss was moved to breakeven when price reached pre-determined level. No more further trades opened today.

NOVEMBER 2016 TOTAL: +1 Pips
 
02.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades.

NOVEMBER 2016 TOTAL: +1 Pips
 
03.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades.

NOVEMBER 2016 TOTAL: +1 Pips
 
04.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades.

NOVEMBER 2016 TOTAL: +1 Pips
 
07.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> Locked in bearish trade today, before Asian session at BE. US elections tomorrow so markets may come under strong volatility. Will re-enter Wednesday 9th November after elections have passed.

NOVEMBER 2016 TOTAL: +1 Pips
 
09.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades. US Elections

NOVEMBER 2016 TOTAL: +1 Pips
 
10.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades

NOVEMBER 2016 TOTAL: +1 Pips
 
11.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades. USD Bank holiday

NOVEMBER 2016 TOTAL: +1 Pips
 
14.11.2016 | RESULT: BE Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> Bearish position was opened up on 08:00am candle. Trade ranged around entry price for next few hours but I had to lock in trade to BE at 14:30 as President Draghi was speaking at 15:00. Trade went +50 pips in profit but retraced back upwards to close BE. GBP Inflation report is coming out tomorrow at 10:00am so any further trades opened will be closed at 09:30am.

NOVEMBER 2016 TOTAL: +1 Pips
 
15.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades

NOVEMBER 2016 TOTAL: +1 Pips
 
16.11.2016 | RESULT: +0 Pips | ANNUAL: -52 PIPS

TRADE SUMMARY >> No trades

NOVEMBER 2016 TOTAL: +1 Pips
 
17.11.2016 | RESULT: -44 Pips | ANNUAL: -95 PI1PS

TRADE SUMMARY >> Bullish price action entry opened on 12:00pm BST candle. Price did not surpass entry of 1.2492 and reversed downwards. I had to close the trade at 14:30 before Fed Chair Yellen speech for a loss of -44 pips

NOVEMBER 2016 TOTAL: -42 Pips
 
Last edited:
18.11.2016 | RESULT: BE Pips | ANNUAL: -95 PIPS

TRADE SUMMARY >> Bearish trade was opened on 04:00am BST candle which did not give much time before ECB President Draghi speech at 08:30am this morning. I closed the trade at BE before he spoke at 08:00am

NOVEMBER 2016 TOTAL: -42 Pips
 
Top