{"id":1674,"date":"2017-10-18T14:13:27","date_gmt":"2017-10-18T07:13:27","guid":{"rendered":"https:\/\/swingfish.trade\/blog\/?p=1674"},"modified":"2017-10-19T09:08:02","modified_gmt":"2017-10-19T02:08:02","slug":"in-progress-173-1-43-4-setups","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/trading-journal\/in-progress-173-1-43-4-setups-1674\/","title":{"rendered":"173 | -1.43% | 4 Setups"},"content":{"rendered":"

Good Morning\"\"<\/p>\n

06:04<\/em>\u00c2\u00a0market is at a moreless neutral position right now .. any trade open right now are\u00c2\u00a0pure speculation .. so we start things “small”<\/p>\n

Divergence data looks interesting Positive: CAD<\/strong>, USD<\/strong>, JPY<\/strong>, AUD<\/strong> and Negative: EUR<\/strong>,\u00c2\u00a0CHF<\/strong>,\u00c2\u00a0GBP<\/strong><\/p>\n

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06:05<\/em> Completly Speculative Short USDCHF<\/strong> as you can see on H1 .. price is at a point where it could go anyway.
\nbut based on other charts (like EURUSD and USDJPY it looks like it will break out south)<\/p>\n

take on smaller size to “probe”
\n\"\"
\n<\/a>also, the vWap is almost 100% flat. .. but “first come – first serve” \ud83d\ude09<\/p>\n

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06:28<\/em> price retesting the vWap ..\u00c2\u00a0scaling in .. but be ready to hedge ..\u00c2\u00a0this can very easily go the another way.<\/p>\n

06:58<\/em> took the position out on Tokyo opening (have to bring my daughter to school anyway) gaining 0.606%<\/strong><\/p>\n

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

— School Run time\u00c2\u00a0(back in a moment) —<\/p>\n

07:05<\/em> should have waited 5 more minutes ..\u00c2\u00a0original TP was hit .. missing out on a 1.5% gain.
\nwell better safe than sorry.
\n\"\"<\/a><\/p>\n

08:43<\/em> being a bit aggressive ..\u00c2\u00a0buying GBPUSD<\/strong> before vWap .. that may turn out not so good<\/p>\n

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

H1 Chart does look kind of up’ish<\/p>\n

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

08:52<\/em> Hedging GBPUSD<\/strong><\/p>\n

09:05 I hate it if I’m right but chicken out. waiting for another reversal<\/p>\n

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

09:20<\/em> reversing hedge position with 1.1% loss ..\u00c2\u00a0not so sure this was a good idea as the channel top is quite close<\/p>\n

10:02<\/em> Selling\u00c2\u00a0EURAUD <\/strong>targeting the Hourly Trendline. but I may exit at breakeven<\/p>\n

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

10:09<\/em> closing GBPUSD<\/strong> trades realizing loss of 0.92%<\/strong><\/p>\n

10:54<\/em> EURAUD <\/strong>starts to behave erratic .. probably some momentum in USDollar building up …
\nwill exit once AUDUSD hits the recent trend line.<\/p>\n

11:40 AUDUSD broke the cWap downwards (never reached the upper channel ..\u00c2\u00a0but, i did not exit as i should have ..\u00c2\u00a0EURAUD still on. i start get the feeling this is gonna be a expensive trade .. aiming for Breakeven now ..\u00c2\u00a0to get out of this mess .. and re-start on a better price.<\/p>\n

12:46 Knowledge turns into hope<\/em> ..\u00c2\u00a0I have not closed the trade yet ..\u00c2\u00a0even it does make a vWap reversal to the upside right now<\/p>\n

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

12:50<\/em> .. volatility picking up .. making this trade probably even more expensive<\/p>\n

13:00 NEWS:<\/p>\n

FOMC Member Harker Speech<\/p>\n

Patrick T. Harker<\/a>\u00c2\u00a0took office on July 1, 2015,\r\nas the eleventh president and chief executive officer of the Third District Federal Reserve Bank,\r\nat Philadelphia. In 2016, he serves as an alternate voting member of the Federal Open Market Committee.<\/pre>\n
13:07 exiting EURAUD with much larger loss as planned<\/p>\n
\"\"<\/a><\/p>\n
13:30 quick Scalp long AUDJPY .. very likely going to 88.30 .. but i will exit now covering parts of the lossses<\/p>\n
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Total Today: -1.43%<\/strong><\/p>\n
### Stream Stops Here ###<\/h3>\n
check out what happens right after!
\noriginal Target of EURAUD trade was hit just a few Candles after closing the position with a\u00c2\u00a0loss.<\/p>\n
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