What seemed like a pretty dull day in the market actually turned out to be a pretty great one. Not only was it great but it was profitable for many of us in the room as well. However, when I say many of us I must admit that I wasn't one of those that were able to "ring the register" and do my making money in the market happy dance. Regardless, I get my excitement from seeing my predictions play out successfully and from the comments I received from members of the room that were pretty happy about the wins today. As a member of the room wrote me this afternoon:
"Hope you enjoyed your run. All three (EurJpy, Gbpusd, Eurusd) hit their targets (618 exts). Pretty cool or what."
Pretty cool indeed. As I mentioned earlier today was a rather slow day to start. Other than looking at a few swing trades, nothing setup on the day-trading charts until the very end of class. Because I had planned on doing a distance run immediately after the close of our session I told the room that I would not be able to get involved in the trades if they didn't get filled by the end of the session. I explained in detail why not in the class, but let's just say I don't day-trade unless I'm in front of my computer to manage them.
When returning from my run, I took a look on our Facebook Group page and noticed some comments about the trades. After reloading my charts I saw that 3 out of the 4 trades got filled and hit their first targets and were now rolling over to the second targets. We decided in the room that (win or lose) I wouldn't tally these trades in our Trading Room Monthly Stats but between the 3 trades there could have been up to 270pips made. It would have been nice to add that number to our current running total of over 300pips for the month, but I have to be true to my words. After all these trades could have easily went the other way. Well done traders I'll see you guys tomorrow.
"Hope you enjoyed your run. All three (EurJpy, Gbpusd, Eurusd) hit their targets (618 exts). Pretty cool or what."
Pretty cool indeed. As I mentioned earlier today was a rather slow day to start. Other than looking at a few swing trades, nothing setup on the day-trading charts until the very end of class. Because I had planned on doing a distance run immediately after the close of our session I told the room that I would not be able to get involved in the trades if they didn't get filled by the end of the session. I explained in detail why not in the class, but let's just say I don't day-trade unless I'm in front of my computer to manage them.
When returning from my run, I took a look on our Facebook Group page and noticed some comments about the trades. After reloading my charts I saw that 3 out of the 4 trades got filled and hit their first targets and were now rolling over to the second targets. We decided in the room that (win or lose) I wouldn't tally these trades in our Trading Room Monthly Stats but between the 3 trades there could have been up to 270pips made. It would have been nice to add that number to our current running total of over 300pips for the month, but I have to be true to my words. After all these trades could have easily went the other way. Well done traders I'll see you guys tomorrow.
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