Battle of the Pacific & Back to the Cable

Monday, September 22nd 2014

Trade #1 – Short AUD/NZD at 1.09547

Price rejected at pivot. I am testing a more risky trade to follow the rejection. A little late on the entry because I was trading manually. Closed for +23 pips profit at around low of the day.

Trade #2 – Long GBP/USD at 1.63519 and 1.63501

Price bouncing off at moving average level after being rejected at pivot. Thought this would move back to test the pivot again at the end of the day. Closed for +6 pips and +7 pips profit respectively.

Note that I am using new trade price information label. Instead of manual label I had to do, this indicator set has a built-in dots to show where I entered and exited the trade. Red circle for short entry, Blue circle for long entry, and Grey circle for exits.