{"id":1109,"date":"2017-10-05T03:52:43","date_gmt":"2017-10-04T20:52:43","guid":{"rendered":"https:\/\/swingfish.trade\/wblog\/?p=1109"},"modified":"2017-10-19T10:09:28","modified_gmt":"2017-10-19T03:09:28","slug":"day-23-0-12-2-setups","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/trading-journal\/day-23-0-12-2-setups-1109\/","title":{"rendered":"163 | +0.39% | 2 Setups"},"content":{"rendered":"
this was Day 23<\/em><\/h6>\n

Wednesday\u00c2\u00a0! 5:30 .. nothing better to do …<\/p>\n

Live Stream is not started yet<\/strong> .. just cleaning up the charts.
\nvWap is also not Reset Yet as we are\u00c2\u00a0“sort of Pre-Market<\/em>“.<\/p>\n

so I made a Trendline based scalp trial Short Trade on USDJPY<\/strong><\/p>\n

simply expect the price to respect the minor Trendline and the Pivot above, go Short with a Market Order based on just.
\ni put a smaller risk as normal on it, so i have a manually placed Hedge order above it.<\/p>\n

\"\"<\/a><\/p>\n

\n
### Live Stream Starts here ###<\/strong><\/h5>\n

USDJPY<\/strong> went above my trendline, closing the trade manually with 0.11% loss.<\/p>\n

\"\"<\/a><\/p>\n

Next on the list: EURAUD<\/strong>, also a Trendline based Short, but this time full size.<\/p>\n

\"\"<\/a><\/p>\n

Which turned out about 2 minutes after to be incredible Stupid !!
\nas Sidney came online with a Index Gap down ..\u00c2\u00a0slipped\u00c2\u00a0my Hedge by 4.5 pips ..
\nfloating loss: -1.43%<\/strong><\/p><\/blockquote>\n

Guess what happened to my USDJPY<\/strong> trade about 5 minutes later? \ud83d\ude09<\/p>\n

\"\"<\/a><\/p>\n

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.<\/span><\/p>\n

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)<\/span><\/p>\n

\"\"<\/a><\/span><\/p>\n

Price Reached the lower Trendline, AUDUSD also at a resistance Line plus DXY going up again.
\nplacing a Hedge Trade with 84.000 AUD Locking the gains.<\/p>\n

price did fall further\u00c2\u00a0which would have been enough to pay and get some gains, but we do not know these things before. better safe than sorry.<\/p>\n

Price keeps falling massively, without the hedge that would have been a 17% gain. trying hard not to do anything stupid now ..<\/p>\n

\"\"<\/a><\/p>\n

lucky I’m writing this blog, instead\u00c2\u00a0of jump on the boat. right after taking the screenshot above, the price started to pull back as expected.<\/p>\n

\n

almost 4 Hours has passed now .. the trade is still on ..\u00c2\u00a0holding 7.02% Equity<\/strong> ..\u00c2\u00a0(i closed 2 other hedges ripped a 8.2% hole<\/strong> in the Account, so as of now I am\u00c2\u00a0down -1.1%<\/strong>
\nFrankfurt Pre-Market had almost no impact at all..\u00c2\u00a0looks like we have to wait a little bit longer.<\/p>\n

\"\"<\/a><\/span><\/p>\n

 <\/p>\n

Closing this Tuesday out <\/span>with a Gain of 0.39% (Green Zero)<\/strong><\/p>\n

\n