7th May

Perhaps unsurprisingly the markets were a bit choppy today.

A loser first costing the maximum 35 pips:

Then a winner:

This last one was ‘technically’ a winner as it hit the 20 pip scalp line, however the way the trade moved, I doubt anyone would have got in on the exact entry point after allowing for the spread so I’m logging this as a loser:

Daily Profit:-£500
Total Profit: £2790

I’m making a slight amendment to the rules for trading this method. The first Friday of every month is Non Farm Payroll (NFP) day and most traders avoid trading this day. I think it wise to do the same.