Trading Room Journal

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

Hey! There's a new Trading Log draft available - today's entries, thoughts, gains & losses as they happen, in realtime with screenshots and the ideas behind it.

171 | +0.841% | 4 Setups

Good Monday Morning 05:52 Starting late in the day today, no divergence Data today
05:59 Buying USDSGD and EURAUD 06:05 EURAUD Hedge triggered 06:31 exiting USDSGD Long a bit Early gaining 0.801% not so sure what EURAUD is up to .. it looks like its start to fall .. but its too early to tell for sure, Hedge stays on. 06:45 decided to re-short EURUAD to get rid of the hedge 07:29 price reached the original Target .. but I did not exit, as the higher timeframe does suggest a retest of the trendline (M30) however, after making the screenshot of M30 .. I think it is better to exit, as we are very close to the Line already 07:47 exit EURAUD Trade with some profits that paid for the loss on the hedge, but still negative. it is likely to go up another 15-17 pips .. but we better not risk it. 08:52 back from Shool-Run .. re-Shorting EURAUD back to toe trendline I did go long from before likely to go more down, but I not so sure I should risk it or not. 09:45 chicken out on EURAUD .. trade made up for the loss so far USDSGD did go as planned to the Trendline target .. but much later .. giving us far more gain 12:03 Buy Gold 12:41 exit Gold as USDollar touched the vWap .. (possible pullback) 13:06 re-Buy GOLD 13:50 closing GOLD Buy (it was supposed to got to 1306.2 .. but the momentum was somehow lost) 14:20 re_buy Gold .. (Greeed) ;) Total Today: +0.841%  
https://www.youtube.com/watch?v=U7WfJxAPkaE
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+0.841% 2 SET

170 | -2.92% | 3 Setups

Friday the 13th !! Yay ;) 09:42 Starting late in the day today divergences do look good for NZD, AUD versus EUR, CHF, CAD The live-now link does not work on the website. a live stream is running! you can check it out here https://www.youtube.com/c/SwingFish/live
09:45 Selling AUDJPY it may not work as it does look a bit choppy 09:49 Selling USDSGD, also a bit tricky because of the massive movement before .. (hoping for a fade) 09:52 Selling USDMXN 09:57 USDMXN Auto-hedge active by SwingFish Helper (i think that was a bit too close (too large position size) 10:01 Manually hedged USDSGD .. because the visible momentum is still Bullish 10:06 turning off SwingFish Helper and reversing USDMXN Hedge to a Short trade. 10:25 Hedging AUDJPY as well .. not a good start in the day .. 3 "losers" in a row. 10:35 first Stupid decision of the day .. Reversing AUDJPY to Long based on the H1 chart 10:55 Reversing USDMXN and USDSGD to Long this may turn out as a mistake as the DXY just touching the vWap   11:04 exit the AUDJPY trade gaining 0.6% and pay for the failed hedge. price probably goes much future. but well not feeling confident right now. 11:10 turning odd the SwingFish helper to allow more drawdown .. (placed counter orders). gonna get off my desk for a moment. 12:26 pending hedge-orders on both USDSGD and USDMXN Filled. they where likely placed too early on USDSGD 12:40 Fixed YouTube Livestream Icon on Main website 12:47 giving it a nother try to resolve the hedges on both USDSGD and USDMxN on the Long Side. let's see how that now works out, i have the feeling this will just be a VERY expensive trade set. 12:59 getting ready to pull the plug, just in case Frankfurt Pre Market decides to turn the USDollar around 13:16 Closing USDMXN with 3% profit .. still down overall 13:25 Frankfurt Pre market had not enough Volume.. place another hedge on USDSGD and wait for Cash Market to open. as of now, I think USDollar will go down a little bit more 15:37 Hedging the last USDSGD Long trade as the USDollar maybe just made a Fakeout.

Price will very likely go up to the trendline .. but i not wantto risk it and lock in the 90$ Profit i have already on this trade.

### will pause Trading here and wait for the news in about 4 Hours ###

16:11 as promised ..Trendline on USDSGD was reached, tempted to release the hedge on a pullback.. better ill eat a pizza first, and keep my word, waiting for the US News. this could also be the top for now (unlikely but it could be) 18:44 CLosed the USDSGD hedge at the trendline top .. hoping (yes hoping) for another 45 pips to come to break even. 19:40 i forgot the time of the news .. close all positions with 2% loss Closing with -2.92%
https://www.youtube.com/watch?v=V4uwogoy2lU
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-2.920% 2 SET

169 | +0.815% | 3 Setups

Morning Everyone 05:45 no setup .. doing some analysis instead looks like USDMXN gonna drop (eying the 18.55 area) divergences do look massive for CAD, EUR versus JPY, USD, AUD CADJPY, EURAUD and EURJPY are the pairs to watch!     06:31 Buying USDSGD .. just an unplanned scalp for 2-3 points (probably bought the top) 06:39 hedging position, my worry turned real (bought the top) 06:47 re-shorting USDSGD to hourly Trendline 07:06 exit early USDSGD Short (DXY reached the bottom, and we almost the trendline anyway)

### Live Stream Starts here ###

08:26 quick Buy EURUSD (just scalping upwards to the trendline) 08:28 this may not work so well as the USD is more in a up'ish direction .. meaning the EURO would drop well, let's see where its gonna go. 08:33 thinking of re-shorting USDSGD since it almost hit the upper channel from H1 chart . that would also conclude with the current USD movement .. and support the EURUSD trade .. well would also put double the risk on .. better drop that idea. 08:37 closing EURUSD Long trade as planned 09:21 quick scalp (small position) upwards on AUDJPY 09:25 AUDJPY Buy does not look so good (it's building a triangle) .. placing a hedge order 3.2 pips below 09:33 Exiting AUDJPY Long trade early 09:41 .. which turned out to be a mistake as the original target was reached just one candle later.   well, +0.1% is better than a loss. (chicken out .. )
sorry boys, have some other sit happening right now .. ill continue trading in UK/US session see ya in the Chatrooms.
P/L right now +0.815% (Flat)
https://www.youtube.com/watch?v=nL9KEWm6rpo
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+0.815% 2 SET

168 | +1.33% | 4 Setups

05:55 Short EURAUD (Quick Probe Trade in the range)   06:05 looks like that wont work out very well .. i may place a hedge on this early, since i had no more reason to enter as filling the current range. which looks a bit like a bullish flag anyway. 06:19 placed Hedge trade on EURAUD ... time to take shower and get some coffee. 06:41 EURAUD trade played out just as planned .. but no Profit for me .. because i hedged it already before go to take the morning shower. 08:11 decided to get rid of the EURAUD hedge on the vWap downwards. the momentum was large enough to pay for the Hedge .. but I decided to stay in it for a bit longer and generate some green P/L .. that was a bad idea .. as the price went back up quickly ...
Lesson to be learned: don't be greedy!
hedged again .. holding 0.45% Floating P/l on this hedge. 08:23 AUDJPY made a nice vWap touch as well .. so decided to go long on this one. it went up rather quickly and I could have cleaned the desk with that trade .. but as stated before, greed made me stay ... closed the AUDJPY Long after hedging EURAUD trade with a 0.32% gain.

it looks like its still on the way up .. to my original Target of 87.695, but I am out already .. moving on.

9:52 closing out EURAUD Hedges .. but not let it rise till the trendline because AUDUSD hit the Pivot and pulled back. 11:07 Shorting GBPJPY after entering noticing that this is actually a terrible Ratio .. but okay we in it now .. let's make the best out of it. enabling SwingFishHelper to Protect equity by 0.3% ... 12:00 accidentally scaled in instead of hedge .. but GBPJPY Short trade worked out just as planned P/L right now +0.594% 12:07 Stoping Livestream (have to reboot the Computer)

### i will stop the LiveStream here, I may start another Stream in UK Session ###

14:44 started to play with GBPUSD and went long .. which did not work well. plus had to pickup Wife and Kid .. so placed a hedge. 19:32 played a little with the hedges, in the end the GBPUSD Long towards vWap paid for the whole show. Closing the day with a total gain of 1.329%
https://www.youtube.com/watch?v=DhdYRP25ljw
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+1.330% 2 SET

167 | +2.72% | 5 Setups

Tuesday, we have a very heavy Rain-Storm outside right now, if the live stream is offline suddendly, that means the electricity is out ..
08:50 Short USDJPY, classic reversal, but this may not work out as the Nikkei index is going up 09:40 Long GOLD on the vWap, this could be a long-term trade, but I think ill call it a day early today.so so let's see how far we do go 9:45 price dropped back to the vWap .. scaling in with a few Oz 11:20 running out of patience .. thinking of closing out both trades and realize the gain of 1.24% 11:35 patience pays .. well 6 minutes (haha)  

### Live Stream Ends here! ###


11:41 Price went back up .. I re-enter short USDJPY, basically trading the same range once again. 11:42 new Setup Buying AUDUSD, which is basically just capturing the USDollar movement that accelerated USDJPY as well. yes, price did go up further, but this was just a quick scalp so once the micro-range is filled -> OUT. 11:45 scaling in the AUDUSD Long on Gold (also a trade based on the USDollar Reaction with a very close target) 15:30 FOMO Short at the DAX in a 22 Second Trade, was bitching in the Chatroom that there is no pullback on the DAX decline .. so i entered with a market order Short on DE30 (DAX) went to the chatroom and the sec. i turned my head .. the order was gone .. thinking WTF ?? few secounds raealised that the trade was gone in just 20 sec. (so upset this trade is not on Youtube)

closing out the day with 2.72% Gain on 5 Setups


https://www.youtube.com/watch?v=0PQTuOsICi0
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+2.720% 2 SET

Updating Challenge Numbers to match Video Count

today is Day 27 of the 1000$ Challenge. however I decided to change the numbers to match the video Numbers on Youtube, so it's easier to follow up on stuff at a later time.and things stay as Transparent as possible. and things stay as Transparent as possible. that's why the number of Todays Video changes to "167" . no worry we have not deleted anything .. its just so you can jump into it easier .. and compare between Youtube and this The Journal here.  
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+0.000% 0 SET

166 | -1.42% | 3 Setups

this was Day 26
Good Monday Morning! 5:55 looks like there is nothing much to expect Today.Starting the Trading Day at 7:35 today.

Japan has Sports day, Thanksgiving in Canada and Columbus day in USA. meaning like 50% of the world's Money is asleep today.Starting the Trading Day at 7:35 today.

I'm asleep as well, that's why the stream is not started yet.

6:02 made a quick probe-trade long EURUSD but doubled it a few times while trying to keep my eyes open. exit at the Trendline 4.5 pips away. a lucky gain of 0.473%
 ### Live Stream Starts here! ###

8:14 Shorting USDSGD, even that may be a bit tricky as there is no real way out yet how the UDSollar will go, but Gold went massively (relatively) up .. so i just going for it. 8:25 not really like the development .. USDX is not moving anywhere, gold still on the way up .. exiting the trade with +1 9:23 Long USDJPY .. which turned out not such a good idea 9:24 reversed the hedge to double the Short position on USDJPY in order to pay for the loss. 10:20 it looks like USDJPY going up first .. put a hedge on iam not so convinced yet .. as we still in the channel things may reverse at any time to the original way down. DXY still not decided where it's want to go, but it looks like my assumption of this morning will become real. 14:50 Whipsawed myself a few times on USDJPY .. now have a hedge on agter closing a large number of trades to pay for all the losses i generated before. 15:00 putting a hedge on the current USDJPY Trade .. (have to jump out for a bit) 19:44 finally try to get rid of the old hedge .. whipsawed myself, twice .. so we call it a day with a 1.42% Loss.
https://www.youtube.com/watch?v=qijTlr-ke70
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-1.420% 2 SET

165 | +0.906% | 3 Setups

this was Day 25
Starting the Trading Day at 7:35 today. 07:49 First Order of the day Long USDSGD. which may be a bit hotheaded as price touched a horizontal and a vertical resistance line before, so it is more likely to go down. 07:58 Reversing Position! Shorting USDSGD now.
Current Loss: -0.692%
08:51 Closing the trade at the first Trendline, although i think it will go more down .. the pullback to happen was pretty clear.
Current Gain: +0.503%
09:19 Going long again USDSGD aiming the high/trendline top (maybe I'll get out at R1 pivot too .. depends on how smooth it goes) USDollar is still below the vWap .. so this may not work out as planned. 09:29 Closing out early .. (i not exactly sure why .. the price looks pretty solid .. i will make another screenshot later to compare)  
Current Gain: +0.774%
10:20 Just as I predicted, the price went exactly to the points I mentioned 1 hour ago. but Without me! being pissed at me standing in my own way, one Ego-trade on USDCHF for 1.2 pips Closing today out with a Total gain of 0.906% P.S. while Preparing for closure TP2 of the analysis on AUDJPY was hit.
https://www.youtube.com/watch?v=OdkLveCVeeo
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+0.906% 2 SET

164 | +10.61% | 2 Setups

this was Day 24
Thuesday ! 3:13 (again) .. nothing better to do ... i taking over the stream from yesterday .. as i accidently leaved it running while sleeeping.
First .. Fade to the vWap on EURJPY. we in the middle of the channel, the price is falling, so we just expect a continuation of the fall back to the vWap. this is usually a valid way, but at this early hour, the vWap become not exactly super reliable .. so things may change on the way down. Next one .. USDMXN to the channel Top
3:55 .. "RollOver" spread just trippled, Plus i beeing charged Swap, putting all positions in a loss. guess we will have to wait this out for another hour.
            while in the Rollover I decided to write some information about the Rollover in general in the Good to Know section

Closed USDMXN as planned on the Trendline adding 3.1% to the Account.

EURJPY on the other hand not going very well. causing a floating 0.4% for today. thinking of closing this trade and take the 0.4% total for today (not decided yet). Scaled in 50% on EURJPY short .. let's see how that does play out now .. aim is 0% or better. went to Bring my Daughter to School (its now 8:30 or so), quick stopover at McDonalds for a Coffee. and back home.

seeing the trade worked out Far better as anticpated, adding 11% to the Equity and already pulling back. exit immidealty and calling it a day

Closing this Tuesday out with a Gain of 10.613% (that is a VERY Green Zero) :)
https://www.youtube.com/watch?v=9wHbeoZgUGo
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+10.610% 2 SET

163 | +0.39% | 2 Setups

this was Day 23
Wednesday ! 5:30 .. nothing better to do ... Live Stream is not started yet .. just cleaning up the charts. vWap is also not Reset Yet as we are "sort of Pre-Market". so I made a Trendline based scalp trial Short Trade on USDJPY simply expect the price to respect the minor Trendline and the Pivot above, go Short with a Market Order based on just. i put a smaller risk as normal on it, so i have a manually placed Hedge order above it.
### Live Stream Starts here ###
USDJPY went above my trendline, closing the trade manually with 0.11% loss. Next on the list: EURAUD, also a Trendline based Short, but this time full size.
Which turned out about 2 minutes after to be incredible Stupid !! as Sidney came online with a Index Gap down .. slipped my Hedge by 4.5 pips .. floating loss: -1.43%
Guess what happened to my USDJPY trade about 5 minutes later? ;) it looks a bit that AUDUSD will go up more .. however, the USDollar Index is stuck at the vWap as well .. so if it pops upwards. the trade can become quickly VERY expensive. so I place a BUY STOP 2 pips below the double-short (42.000AUD) and a stop for the short order with a 6$ Profit. (planned hedging) Price Reached the lower Trendline, AUDUSD also at a resistance Line plus DXY going up again. placing a Hedge Trade with 84.000 AUD Locking the gains. price did fall further which would have been enough to pay and get some gains, but we do not know these things before. better safe than sorry. Price keeps falling massively, without the hedge that would have been a 17% gain. trying hard not to do anything stupid now .. lucky I'm writing this blog, instead of jump on the boat. right after taking the screenshot above, the price started to pull back as expected.
almost 4 Hours has passed now .. the trade is still on .. holding 7.02% Equity .. (i closed 2 other hedges ripped a 8.2% hole in the Account, so as of now I am down -1.1% Frankfurt Pre-Market had almost no impact at all.. looks like we have to wait a little bit longer.   Closing this Tuesday out with a Gain of 0.39% (Green Zero)
https://www.youtube.com/watch?v=7JmRFGuED0I
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+0.390% 2 SET

162 | +0.12% | 5 Setups

this was Day 22
by far .. a more interesting Tuesday Morning as yesterday was dead Boring ! DXY di raise up quite good, but as we know, this may change on the session change the Europe. GBPAUD Short was first .. price bouncing along the vWap, it looks kind of Short'ish so lets do it. exit at Trendline that marks the Flag Pattern. Next one was NZDUSD, went short first, with S1 as Target, which went bad rather quickly. reversed the trade to long .. went out with -3.1 and +1.7 .. breakeven Very quick AUDUSD Scalp .. which turned out rather depressing as the price did drop massively due to news .. FOMO .. but thats okay .. not trading it and risking it all. just the +1 on AUDUSD are good enough.   Last one .. GOLD .. same scenario .. vWap trade in the wrong Direction .. reversed quickly .., and while writing this its still open. while waiting for the Gold Trade to play out (which is not going well btw) as the USDollar starts to flicker i saw a nice possible reversal on USDSGD .. placing a BUY LIMIT order a bit above the vWap. USDSGD Pending Order Deleted, after price reversed before it was filled. GOLD caused a loss .. eliminating almost all gains. Closing this Tuesday Morning out with a Gain of 0.12% (Green Zero)
https://www.youtube.com/watch?v=NP8Xnl6Op_4
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+0.120% 2 SET

161 | +1.46% | 2 Setups

this was Day 21
Good Early October Morning everyone
first Flavour of the day. Long EURUSD .. which turned quickly into a bad idea .. Reversed to Short after the vWap Retest. starting the day with a 0.32% loss for reversing the trade.
aiming now Short to the 1.178 Area. but maybe exit once the reversal loss is paid so i can start over with a green Zero, I have not yet decided on that. Tokyo Opening .. UsDollar Futures Gapping up Quite a bit .. my EURUSD trade is at 61% Retracement. Taking Profit here! paid for the reverse Action/Hedge and added 0.28% to the account.
Next USDSGD vWap Reversal Upwards scaled in 2 times for no reason ... hope that plays out .. since this is a bit too much risk.
Gold gained some Upwards Momentum, even the USDX still were going upwards. so I decided to exit early, leaving about 4pip on the Table. Closing this Monday Morning out with a Gain of 1.458%

Conclution:

as you can see on the picture I took just 6 Minutes after closing the trade.

 

it's not always a good idea to react immediately to correlations! Always trade what you see !!


https://www.youtube.com/watch?v=jWfLvAPH2gY
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+1.460% 2 SET