Trade 1 on EURUSD - Gap on Sunday 28th

Nice Gap trade setup on the euro-usd at this sundays open (around midnight UK-GMT). Seen the setup opended a position, set my stops and target then went to bed. Not much more to say on this one, usually I dont trade Gaps but I though what the hell. - Target was 30 pips on a 17pip stop, so roughly 1.7 Risk Reward.



edit... Trade Closed for +30 pips

The Rules According to Me

Ok so here it is people, I'm blogging to mainly help me focus on my forex intra day trading. I will be documenting the trades I take and my though process as to why i took those trades in the 1st place. I work from home (not forex trading) so my main focus is of course on my day job, however I will be scanning the charts and if I see a trade then................I'll take it and say why on here.

Firstly, my rules - will my system work ??? who knows but it needs to be tested thoroughly before i move on and change my life forever. So start small and work up from there!

My goal is to make 100pips per month on any given currency pair, when successful move onto the next currency pair until I have have 100 pips on all of them. Proof of concept if you like, before i move onto real money. Trading has the ability for freedom if treated correctly, I'm building life skills here, at least thts the way im looking at it.

The Pairs I'm trading are :-

EURUSD
GBPUSD
USDCHF
AUDUSD
USDCAD
EURGBP
AUDJPY
EURJPY
GBPJPY

First up will be EURUSD.