Trading started a bit late today (had a car accident while on school-run).
generally we had a very slow day, and by the end of it, prices where pretty close to some key locations.
this means there will be some pickup in speed later on. (more…)
07:20 starting this Wednesday a little bit late today.
strange thing I was watching the screens about 20 minutes now, and can not find anything “TRADEABLE”, normally I do have immediately a working setup on hand.
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%
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)
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) —
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
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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%
check out what happens right after!
original Target of EURAUD trade was hit just a few Candles after closing the position with a loss.
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)
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%