190 | +7.092% | 1 Setup » ~ SwingFish Forex Traders

SwingFish in Trading Room Journal 12 2417

November 10, 2017 04:09

00:52 starting a super early session today

Today
Positive: AUD, USD
Negative: CHF, EUR, JPY

lines go somewhat “flat” .. which is usually an indication for some nice range moves to come up.
however, the Nikkei Index was falling quite heavy .. dragging JPY Pairs down with it.

but it apears this time is right the turning pint for the Nikkei Index.

01:00 Buying GBPJPY
for some reason, there was some massive spike in volatility,
even there is no news scheduled, so we take the action.

01:00 price Quickly falls back .. we Scale in 50%

01:03 closing out the trade-set just 189 sec. later ripping 10.22% out of the market.

01:04 buying again for a small scalp as volatility is still there closing with another 0.62% gain, totaling now 10.84%

should call it a day, since this is a massive gain

01:17 re-entered GBPJPY Buy .. which turned out quickly to be a very bad idea …
closed 50% of the position with a 4.2% Loss .. I will leave the rest running since we can afford a bit drawdown now.

I should have listened to myself, and called it a day ..but no Greed .. made me give it all back!

02:30 quick update .. the no-brain-Buy on GBPJPY still running .. bouncing along the line .. but it appears to be more downwards, kind of hoping for a retest of the vWap to exit all positions and really calling it a day.

somethings, however, telling that this may not happen and instead of being grateful for the 10% gain we gonna book a massive loss instead. let’s wait it out a little bit longer.

03:30 exiting the trade-set at the vWap .. getting back almost all of the previous gains

price is VERY likely to get up at least 45 pip more to somethings around 149.25 (just some guess)