210 | +2.32% | 4 Setups

05:52 Friday, NFP Day! the divergences now (almost 13 Hours before NFP) looking very widen up. we not expect much movements today as the whole market typically waits for NFP to place all orders at once. so it’s scalping today, and hopefully some smaller movements till London Opening in Japanese Yen and British Pounds.

Currency Data now:

  • Positive: Far out is (still) GBP! USD 
  • Negative: JPY, NZD, AUD, CHF, CAD
  • Neutral: EUR
  • Pair(s) to Watch: GBPJPY (Buy)
  • Asia Session has serval News events planned for today in Japan, and China
  • Public Holidays in: Austria, Chile, Columbia, Italy, and Portugal
  • plus one Major Chinese Event Interest Rate Decision
  • Prediction for NFP this Evening: SELL USDJPY

08:38 Selling USDCNH

10:09 the USDCNH trade did not go so well, scaled a few times, reversed and be back short now, even we above the vWap.
this may become an expensive experience, I will let the price go re-visit the channel top and scale in there one more time.

11:34 Selling USDSGD

11:50 closing all USDCNH trades, it appears to want to swing down, but the us DOllar is gaining momentum.

11:52 reversing USDSGD to Buy. realizing another 1.1% loss

Mission change: DAMAGE CONTROL!

12:29 Closing USDSGD trade by Trailing stop got 42% of my losses back.

12:31 re-entering USDSGD and USDCNH Buy

12:36 Buying GOLD to hedge the USDSGD and USDCNH Trades

12:39 exiting both positions with a small loss as the USDollar showing clear signs of turning.
this, however, could be just the pre-market volatility tough … it’s not definitive yet.

13:22 exiting gold with a 0.22% gain as EUR starts to massively fall.
however, gold did not .. however, the chance it may do it later is very good, so better take off what we have gained by now, no matter how small.

12:26 re-Buy USDSGD

… scaled in a few times

15:24 finally closed then all trades at the upper trendline, gaining 4.01%.

Total Today: +2.32%

 


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