New Positions:
- AUDJPY long
- AUDUSD long
- Crude Oil long October Contract but using entry signal from September Contract
There is one thing all
instruments have in common: The optimal point to take profits is at the 100% extension. However I would not exit a swing trade after just one day so for the very volatile crude oil market it was not a 100% extension but even a 161,80% extension where I closed the trade and since the GBPUSD is similar to GBPJPY I also closed it at the 61,80% extension since it had already a pretty good run down.Closed Positions:
- Crude Oil short 4,5 Points
- GBPJPY short 890 Pips
- CADJPY short 360 Pips
- GBPUSD short 610 Pips
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