Daily Buy (entry and tp based on h4)
Buy Now (0.91501)
buy limit 0.91133
sl @0.90803 (just below weekly s3)
tp1: 0.92170 (first resistance)
tp2: 0.92514 (38.2 fib + resistance)
tp3: 0.92966 (50% fib + small resistance)
tp4: 0.93218 (61.8 fib + strong resistance)
08:26 Good Monday Morning, looks like after the partly expected rise of the USDollar in pretty much the last minute there is likely to be some consolidation today, so there may be fewer trades, Plus there are ALOT of Holidays today as well, but we still in a good mood, as the week is just starting. as always on mondays, Currency Strenght data is “thin” but still usable. (more…)Full Article
03:10 Good Monday Morning everyone, after being away for a short weekend trip, starting some analysis a bit earlier before the markets open, to keep up with developments and fetch up some of the memory, there where some massive movements in the last week, so basically anything could happen on fundamental reasons. (more…)Full Article
CAD, EUR, CHF and even USD are very close together .. (could mean some movement apart is about to happen .. but this kind of moves are VERY hard to predict)
09:45 EURJPY looks a bit link it’s a long setup .. but we are below the vWap.
also, AUDCAD looks like a Buy Setup .. (i may place a Buy Limit a bit above the vWap)
09:58 Buying AUDCAD with 50%.. (it may fall more, so i have a buy limit Order waiting there).
10:08 Buy USDGSD, with additional scale in via Buy Limit
10:11 Hedging short AUDCAD
10:16 Hedging USDSGD as well .. way too tired to trade .. i will continue later ..
10:30 reversing hedge on USDSGD and AUDCAD, realizing a 1.82% loss
not so convinced though that this was a good idea, I should have just left it as the hedge distance was just 2 pips
now it is too late, the buttons have been pressed already, let’s see how it does play out.
10:34 buying EURJPY which instantly drops massively on me .. adding another 2.6% loss to the pile.
10:57 closing USDSGD and AUDCAD reducing the loss to 1.82%.
11:06 re-Shorting USDSGD and Buying AUDCAD
13:41 closing both AUDCAD and USDSGD for a tiny profit of 0.12%
14:28 re-entering AUDCAD Buy
15:05 closing all trades with another loss of 0.97%
calling it a day .. it can’t get any better!
Total Today: -2.67%