I took my first Asian session set of trades in a couple of weeks today and I had to wait until a few hours in before starting the sequence. The first 4 hours of trade produced a tiny range of 6 pips before price finally began to ascend. A set of 12 trades at an average of 9.2 pips.
I got things underway for the week with AUDUSD with a set of 4 trades at an average of +11.5 each. I was late starting as I had a beautiful walk along Burleigh beach with my wife and beagle. There can't be many better ways to start a day in my opinion!
Back in action for AUDUSD after skipping yesterday due to the data.
I took a slightly different approach today as I wanted to see the reaction post FOMC as AUDUSD can get very trendy. The daily range passed 55 pips and that is when I decided to build my entries. Ended up with 14 entries at an average of +7 pips for a total of 84 pips.
I delayed my start time today as the range was so small and felt AUDUSD had some downside potential and wanted to wait for some better prices. I probably started too late but happy enough with the 4 trades at +10 each.
AUDUSD set of trades closed earlier this morning, they ran for 24 hours. 23 trades at an avg of 4 pips a trade for a total of 92 pips. This was a good test to see the drawdown in play. This is a 5 minute view as the 1 minute chart can't show entries/exits.