I closed my first half with +50 pips and now my second with +110 pips.
I also entered the 202.60 scalp line long I mentioned in the weekly analysis. The target for that was again low (30 pips) at 202.90. I am setting low targets because it has been a slow moving week and 1 large candle does not change a whole 3 days of slow movement. I would at the very least like to see this candle close before I resume aiming for normal targets. I am a conservative trader and I am willing to sacrifice pips to lower my risk. When we have a slow moving market I always lower my targets , on scalps I aim for 30 pips on normal trades 50 pips for the first half.
So the last two trades:
Long @ 201.80 I made 80 pips
Long scalp @ 202.60 I made 30 pips
Gross Total for the week 110pips
NOTE: In the previous post I said I would lower my target to 50 pips. That was for my first half only, the second half remains open and the stop loss is moved to break even that is how I handle trades. So the 50 pip target was only for the first half the second half should have remained open.
Tomorrow I will make a page that details all the basic guild lines of my method so I do not have to explain this every time.