Sunday, 29 May 2016

DADDY FOREX TRADER - WEEKEND

Hello everyone I hope all traders had a good weekend.

Rainy season has just started here in the Philippines.

I'm happy I spent great weekend with my family. Watching movies, cleaning house, food trip, Sunday church and a massage therapy.

Once in a while let's stay away from the trading environment.

Let's charge energy for this coming week.

This week is the end of May 2016 and June 2016 is about to come, so a data week for us.

Our plan for this week is:

  1. 31st May 2016 - End of the month performance
    1. Parabolic Sar EA
    2. RSI EA
    3. Forex Signal 30 - Manual Trading
  2. NFP - we will stop our EA on friday and restart it again after 2hours of NFP data release.
    1. If an existing position is open and it's a floating loss we will immediately cut it.
    2. If an existing position is open and it's a positive position, we will leave it as is
    3. If there's no existing position we will stop our EA.

That's all for this week, as a recap 
  1. USDJPY 1H - PARABOLIC SAR  - we are on a risk-free trade and we managed to locked in +25 pts, expectation is still new structure high, strong momentum.
  2. EURUSD 1H - FOREX SIGNAL 30 - locked in +24 pts, expectation is still new structure low, strong bearish momentum.




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