Balance: $3508.
One trade still going on with EURUSD. It's based off the Trend Bounce strategy. Most trades thus far have only lasted a few hours. This one is pushing 24 at this point. Nope, cancel that. As I speak, it just closed. Balance $3432. How about that for up to the minute?!
So, let's review this trade, what was my risk?
(3508 - 3432)/3508 = 76/3508 = 2.2%. That's correct. I only wanted to risk 2% of my account on the trade. Onto the next.
Throughout today, time will be spent studying the last week of prices for the 4 currency pairs I'm following. The range of prices should be clear, making it easier to track what trends are developing.
The USD interest rates drop on Sep. 28. That's it for today. Time to look for an entry point.
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