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.
