"Before and After" 15min USD/CAD trade + SLIPPAGE - 28/02

Another post from the series BEFORE and AFTER.

This is a 15min chart of USD/CAD of this morning. 

BEFORE - click to enlarge

There are notes on the picture, but it's same basic principle.

1º) Purple ema (20) is below the Red ema (80)

2º) The pair is in a downtrend, as it presents lower lows and lower highs.

3º) CCI is above 100 but starting to move down.

      Stoch is above (or touching) 80 but starting to move down.

Entry: 0.9768

SL: 0.9793 just above D-P (daily pivot)

TP: 0.9729 at D-S2 (daily pivot second support)

This is the "after" chart with TP reached.

AFTER - click to enlarge

USDCAD is still moving down as i write and has reached W-S1 (weekly pivot first support) but i'm out.

SLIPPAGE

I admit i never took slippage too seriously. I know it happens and i know how it can affect a trader, but perhaps i should take the slippage factor into consideration when choosing a broker. Even though my entry was at 0.9768, the order was only kicked in at 0.9757, 11 pips below. 

I found this article that explains slippage. http://www.financial-spread-betting.com/Slippage.html

"Before and After" 15min AUD/USD trade

Today i had the brilliant idea of taking a screen shot of the before and after. 

Below is the 15min AUD/USD chart this morning.

My reasoning behind this trade was purely based on the entry rules of the strategy.

1º) Purple (20) ema above the Red (80) ema

2º) Succession of higher highs and higher lows, which characterise an up trend

3º) CCI below -100 but moving back towards the positive side. 

      Stoch below 20 but moving back towards the positive side.

Entry: 1.01557

SL: 1.0115 (below previous low)

TP: 1.0192 at M-R1 (monthly pivot first resistance) 

This is the "after" chart with TP reached. 

I didn't close the trade at TP. I closed half stake, brought SL to BE+ 5pips and decided to let the trade run.

UPDATE

As i said before, i didn't close the trade at TP but decided to let it run a bit longer. I'm glad to say that i woke up today to a nice profit.

You can see two dashed lines. The top one shows my new TP and the bottom one shows the original TP.

Short trade on cable (GBP/USD) - 24 to 25/02 Pips in!

  

Perfect setup but this time i took it. 

The red vertical line shows the trigger. Purple below the red, CCI and Stochastic moved all the way up and then started moving down. 

My entry was a 1.6132 (below previous low), SL just above DP and previous highs and target profit WS-1, which today is almost at the same level of D-S1.

I actually bought half-stake at around 1.6079 and brought SL to BE and let the rest run to TP.

NZD/USD 24/02

   Another perfect setup that i missed.

Purple ema above red ema. CCI and Stochastic moving in unison from their respective lowest levels towards their highest. 

Entry point at the green arrow. Stop loss at the white cross. TP would be at D-R1 for half-stake, then bring SL to break even and let it run to the next resistance.