July 2016 Progress Report
Profit Factory: 36.49
Number of Trades: 12
Winning Probability: 83%
Total Number of Pips in Profit: 2235.4
Excellent Excellent growth this month.
Tomorrow will be the NFP release. This is one of the most important key indicators for June hike decision. If this number does not disappoint, UJ should rally back above the 110.00 level. I will hold positions through the NFP release section since there is strong indications pointing a non-disappointment number release. That would get our positions out of the negative zone. So stay patient.
I am fully aware the devastating draw down I am currently having, and yes I have moved my stop twice to deal with the sudden volatility, but i will be continue holding my positions for the next 1 week or so for the very reason I made these entries. And the most importantly, the reason putting the long order on USDJPY has been and still is valid, so I will continue stay in w/ my positions for a few days.
Of course, there is some change needs to be done in terms of risk management after I...