Trading Room Journal

Daily Log’s of SwingFish Trading activity, Profits, losses toughts, as shown in Tradingroom & Youtube

181 | +4.289% | 2 Setups

Monday Morning sorry guys, no Divergence data or Live-Stream Today. im still off .. and the internet is terrible (but the beach is nice .. you can see it here)
08:45 Buying AUDUSD ... just a quick look at the structure suggested me a 12 pip move. 08:53 .. too much action around here (kids, peoples, staff, whatever ... I thought its holiday ?) 08:53 Closing AUDUSD Trade with barely 1 pip, gaining 0.12% (better than nothing)  

### Stream Starts here ###

21:00 finally back home ... firing up the Trade Computer .. in urgent need to put on something to make my Mark ;) 21:20 Quick Shorting GOLD back to the vWap .. as the price just a few minutes ago hit the top of the channel. Risk Reward Ratio Sucks .. as the price can easily go back up ... and guess what ? it did get up .. instead of hedging .. I scaled in. 21:30 Closing GOLD Shorts adding 4.169% to the account .. Yay .. that was a short session indeed! Gain Today: 4.289%   P.S. glad I did exit early .. price went as expected, back up to the channel Top, it will go down, no doubt, but t his swings can cost a lot of money!
https://www.youtube.com/watch?v=SPixhyIhPF0
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+4.289% 2 SET

180 | +2.803% | 3 Setups

Tuesday 08:21 Friday Morning everyone. this one will be a short session, as i go somewhere over the weekend, I made 3.1% already in the scalping test posted last night. Divergence data Positive: USD, CAD, JPY Negative: EUR
07:26 Shorting AUDJPY and Buying USDSGD 07:29 scaling in on USDSGD at the vWap 07:31 Hedging both AUDJPY and USDSGD trades 08:45 breaking up AUDJPY Hedge for a tiny gain of 0.329% price likely to fall to 87.13 on AUDJPY .. but breaking up Hedges is about Damage control, not making money. 08:57 Buying GBPUSD 08:58 did not work .. Hedge On! 09:11 doing some extra analysis on USDSGD .. found a Tripple top .. so let's just remove the Buy hedges and wait it out. 09:41 Closing all Trades with a total gain of Whooping 5.903%    
not really 5.903%, as 3.1% of this are from my Night Scalp session a few hours ago, so the true gain is "only" 2.803% for this Friday, I'll go out over the weekend .. so have to close up shop now ... have a nice weekend guys 'n Girls!
Total Gain Today: 2.803% (Plus the 3.1% from the late night scalping Session)  
https://www.youtube.com/watch?v=tQej8fEL5Og
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+2.803% 2 SET

180.0 Friday Morning Layout Test and Gold Scalping, Gaining 3.1%

to eliminate another Psychology based Factor that makes you breed FOMO (among other things). I changed the Charting Templates to becompletely in Blue/Violet colors. (dont ask why, its just most easy to read/see) however due to the lack of information (if needed) i filled the Bull-Candles (Candles going upwards) with a Violet'ish color. the point is that it's difficult to see. so if i really want to find a Bull candle i still can, but in normal operations, this will apear like they are all the same.   Indicators used:
  • vWap - with optional Standard Diviation
  • Intraday Pivot Points
  • Fractals
the "Big Picture" Chart below is unchanged: [gallery type="rectangular" columns="1" size="full" ids="2052,2053,2048"]   to crown the new layout I made a few tests gained 3.1% in just 23 Minutes. no worries, there will be a "real" Trading session later .. going to bed now.

sorry about the video has no sound ... I was not even planning on streaming this .. so this is just the screen recording the Streaming software makes.

[embed]https://www.youtube.com/watch?v=wSwwP38hR0U[/embed]
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+3.100% 0 SET

179.1 (EU Session) | +1.72% | 1 Setup

Tuesday (EU Session)
could not take on the loss .. and decided to do some extra trading in the EU Session
13:05 shorting EURJPY nothing did happen till the ECB release .. which hammered EURJPY right to my Target Line in just one candle. that was a nice trade indeed! 19:47 some quick scalping on AUDJPY around the consolidation Closing today with not the loss, but a green zero (0.36%) ;)
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+1.720% 2 SET

179 (Asia Session) | -1.36% | 3 Setups

Tuesday 07:26 good moves yesterday in US Session .. so lets see how the divergences make things "right again" Divergence data Positive: GBP, CHF, NZD Negative: CAD, USD pair to watch today: GBPCAD
07:26 watching Yen Pairs making nice moves while starting the day .. which makes me angry about myself beeing late again on my desk. USDollar Gapped down a little but but instantlyfilled it .. so we wait a little before jump into the game. 07:39 trying a quick scalp up on EURJPY .. didn't work .. first hedge on (just 1.9 pips, nothing harmful)

### Live Stream Starts Here ###

08:23 Buy GPBUSD 08:28 Exiting GBPUSD Buy (it should go up a bit more to the Trendline .. but volatility starting to get up .. and on a large size scalp, this can be deadly) taking 1.033% and leave it that way. 08:31 thinking about releasing the EURJPY Hedge .. but we better wait for news to calm down first.

here a quick update Screenshot (no action was taken

11:12 Nikkei spiked up and I was not paying attention, Closing EURJPY Positions with a 2.39% Loss before the damage is going to be any greater. Closing today with a Loss of: -1.36%

Tuesday Continues here in EU Session Revenge Trades


https://www.youtube.com/watch?v=l2lAM--mu3A
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-1.360% 2 SET

178 | +2.997% | 2 Setups

Wednesday Morning 05.48 let's see how event-less the day will be after Yesterdays moves we missed ;) i will be less trading .. as i have some other stuff to do Divergence data Positive: EUR, USD, CAD Negative: CHF, GBP, NZD
Markets are extremely quiet for some reason, will start the Livestream once somethings meaningful happens. till then .. ill update this Blog entry only. 06:40 after waiting for 2 hours ... I took a bored scalp Long USDSGD since its swinging massively since hours there is a chance it's going out positive. aiming for the top at 2.8 pips   06:47 exiting early Long USDSGD .. gaining 0.344% 06:48 and (of course) 35 sec. after exit, my original target was hit.

### Live Stream Starts Here ###

07:38 massive Movement (news) went in late, Buying USDSGD and Selling AUDJPY, try to get a quick reversal scalp ..did not work 2 loosing trades .. hitting the account with a 1.52% loss. 07:42 Closing AUDJPY Short at S3 Pivot Gaining 0.95% 07:49 DXY at the channel top .. have to expect some retracement. closing USDSGD buy 50% before it's target gaining 0.26% 07:54 re Shorting AUDJPY to the original Target Stop at 0pips. 07:56 Enable Trailing stop on AUDJPY Short 07:59 Trailing stop triggered. gaining 2.719% this may Look "small" but the position was rather large, that's, why the Trailing stop was, enabled as a pullback could be massively expensive .. there is no room to play if trade with large size. Stoping Stream here .. sorry got to go out for the school-run and have some other stuff to do... I may trade again on NY session, no promises though. Trade with confidence at https://trustedbrokerz.com/. Total Today: +2.997%
https://www.youtube.com/watch?v=M200ja30aDg
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+2.997% 2 SET

177 | +3.107% | 2 Setups

Tuesday Morning (late again) 10:02 today will be less trading .. as i have some other stuff to do and got out of bed quite late as well (again) Divergence data Positive: JPY Negative: NZD, USD, EUR
10:31 Short USDSGD and Long GOLD (both just scalp trades with small setup bias) 10:41 Closing USDSGD Short gaining 0.253% 10:55 Hedging GOLD (although this looks like a bad place to place a hedge) 11:12 Reversed the GOLD Hedge to Long. but honestly, i'm not so sure this was a wise choice of action, as EURUSD still falling. 11:33 Reversing again on GOLD to enable the hedge, Gaining another 0.32% 11:40 DXY Update 11:42 turned out correct, it as a bad idea. 11:51 EURUSD at vWap .. let's hope the bounce there will move gold more up, so I can get out of it without too much harm. 12:02 Hedging again GOLD .. leave it till price move elsewhere, USDJPY unclear and EURUSD on the vWap as well. it still looks like it's going more UP .. but a swing down on a Volatility spike would be too expensive, due to the fact that the position is far too big. 14:01 used the Volatility of the Frankfurt bell to close out all trades. that caused a large profit on GOLD 14:12 I wrote in the chatroom about 30 minutes ago we may see the Pivot as well and guess what just happened? that would have doubled the gain, but if removing hedges by reversing positions is double the risk, so no gambling! keep in Mind FOMO KILLS !! Total Today: +3.107%
https://www.youtube.com/watch?v=XsfebDxAUzg
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+3.107% 2 SET

176 | +1.078% | 1 Setup

Monday Morning 10:02 today will be less trading, have some other stuff to do and got out of bed quite late as well Divergence data Positive: NZD, JPY, AUD Negative: USD, EUR, CAD Labour Day in Australia so we ignore AUD Divergence
10:02 vWap Reversal Long GOLD 10:08 auto-Hedge triggered, as I did wrongly calculate the position size. Gold looks more like going down anyway .. so we leave the hedge on for a moment and see how it will play out. 11:10 Reversing Hedge to scale in upwards on GOLD realizing a 1.1% loss not sure this was a great idea as the vWap has no clear direction yet.

it is a bit "countertrend" on the  USDollar, lets hope that plays out in some positive way

12:06 exit GOLD Buy early, leaving about 0.3% in the market (dont, want to give back a large portion in news-related Pullback) Total Today: +1.078%
https://www.youtube.com/watch?v=GoTZaYK256o
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+1.078% 2 SET

175 | +2.544% | 2 Setups

Good Morning 05:59 market is still extremely quiet .. so its safer to put on some larger positions (for now) Divergence data looks interesting Positive: AUD, CHF, EUR and VERY Negative: NZD
06:10 Scalp Upwards on AUDJPY 06:27 closing AUDJPY Buy, gaining 0.965% 06:55 Short GBPUSD (following the USDollar going up) 06:58 strangely GBPUSD did not move for full 3 minutes and went then up, so better put a hedge on 07:01 looks like hedging was a good idea .. price fell back far more than the TP was originally set

School-Run time: leaving the hedge on

Looks like things are quiet for a while... Doing somethings (not so) useful in the meanwhile


08:36 just stepped back in, seeing I missed a news move. the structure looks like GBPUSD will go to the Trendline, so reversed the hedge trade and set TP at the trendline (1.3121) 08:42 Take Profit on both GBPUSD Trades, loss of the hedge trade 2.33%,gain of the counter Trades 3.909%, Total Gain: 1.579% .. Calling it a day. Total Today: +2.544% (no Positions left open)
https://www.youtube.com/watch?v=UG0P07Kkz9Q
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+2.544% 2 SET

174 | +3.68% | 4 Setups

Good Morning 05:54 market is still extremely quiet .. so its safer to put on some larger positions (for now) Divergence data looks interesting Positive: CAD, EUR and Negative: CHF, JPY
05:58 quick Scalp Upwards on EURUSD. 06:01 price falls quickly against me .. closing position as its very large size) with a 0.62% Loss 06:04 re-Enter Long EURUSD with the same size 06:09 Momentum is building .. scaling in on EURUSD 06:16 Closing EURUSD Trades (there is still some upside to somethings around 1.805 .. but the position is too large for a pullback, and I not want to hedge this early. closing paid for the initial loss and added a total gain of 1.04% 06:16 close buy GBPUSD gaining 1.63% (Total: 2.67%) 06:49 Buying in EURAUD .. but I will close this once it's turned green .. getting very Jumpy 07:00 scaling in on the bottom EURAUD 07:04 closing EURAUD on the jump upwards gaining 0.92%

School run time .. stopping Live Stream with a 3.68% Gain

   
https://www.youtube.com/watch?v=OUlNfWHE9Ng
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+3.680% 2 SET

173 | -1.43% | 4 Setups

Good Morning 06:04 market is at a moreless neutral position right now .. any trade open right now are pure speculation .. so we start things "small" Divergence data looks interesting Positive: CAD, USD, JPY, AUD and Negative: EUR, CHF, GBP
06:05 Completly Speculative Short USDCHF as you can see on H1 .. price is at a point where it could go anyway. but based on other charts (like EURUSD and USDJPY it looks like it will break out south) take on smaller size to "probe" also, the vWap is almost 100% flat. .. but "first come - first serve" ;) 06:28 price retesting the vWap .. scaling in .. but be ready to hedge .. this can very easily go the another way. 06:58 took the position out on Tokyo opening (have to bring my daughter to school anyway) gaining 0.606%

-- School Run time (back in a moment) --

07:05 should have waited 5 more minutes .. original TP was hit .. missing out on a 1.5% gain. well better safe than sorry. 08:43 being a bit aggressive .. buying GBPUSD before vWap .. that may turn out not so good H1 Chart does look kind of up'ish 08:52 Hedging GBPUSD 09:05 I hate it if I'm right but chicken out. waiting for another reversal 09:20 reversing hedge position with 1.1% loss .. not so sure this was a good idea as the channel top is quite close 10:02 Selling EURAUD targeting the Hourly Trendline. but I may exit at breakeven 10:09 closing GBPUSD trades realizing loss of 0.92% 10:54 EURAUD starts to behave erratic .. probably some momentum in USDollar building up ... will exit once AUDUSD hits the recent trend line. 11:40 AUDUSD broke the cWap downwards (never reached the upper channel .. but, i did not exit as i should have .. EURAUD still on. i start get the feeling this is gonna be a expensive trade .. aiming for Breakeven now .. to get out of this mess .. and re-start on a better price. 12:46 Knowledge turns into hope .. I have not closed the trade yet .. even it does make a vWap reversal to the upside right now 12:50 .. volatility picking up .. making this trade probably even more expensive 13:00 NEWS:

FOMC Member Harker Speech

Patrick T. Harker took office on July 1, 2015,
as the eleventh president and chief executive officer of the Third District Federal Reserve Bank,
at Philadelphia. In 2016, he serves as an alternate voting member of the Federal Open Market Committee.
13:07 exiting EURAUD with much larger loss as planned 13:30 quick Scalp long AUDJPY .. very likely going to 88.30 .. but i will exit now covering parts of the lossses Total Today: -1.43%

### Stream Stops Here ###

check out what happens right after! original Target of EURAUD trade was hit just a few Candles after closing the position with a loss.


https://www.youtube.com/watch?v=7dsRgNsvQDA
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-1.430% 2 SET