{"id":23633,"date":"2019-03-14T05:39:43","date_gmt":"2019-03-13T21:39:43","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/?p=23633"},"modified":"2019-03-14T05:39:43","modified_gmt":"2019-03-13T21:39:43","slug":"531-0-1-setup-usdsgd","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/trading-journal\/2019\/03\/531-0-1-setup-usdsgd\/","title":{"rendered":"531 | 0% | 1 Setup | USDSGD"},"content":{"rendered":"<pre>in the aftermath of Brexit debates and votes,\r\nLog <strong>531<\/strong> will cover <strong>2 Trading<\/strong> days!<\/pre>\n<p><!--more--><br \/>\nCurrency Data:<\/p>\n<ul>\n<li>Pair(s) to Watch: <strong><span style=\"text-decoration: underline;\">NZDCHF<\/span><\/strong>\u00c2\u00a0(Buy), <strong><span style=\"text-decoration: underline;\">USDCHF<\/span><\/strong>\u00c2\u00a0(Sell)<\/li>\n<li>Asia Events: <strong>Consumer Confidence [AUD], FDI [CNH]<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><!--more--><i><\/i><em>09:02<\/em> Sell <strong>USDSGD<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23730\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_09-01-03-512x257.png\" alt=\"\" width=\"512\" height=\"257\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_09-01-03-512x257.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_09-01-03-300x150.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_09-01-03-768x385.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_09-01-03-960x481.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_09-01-03.png 1089w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p><em>09:13<\/em> Singapore Dollar Spiked up for some reason, causing a Hedge on <strong>USDSGD<\/strong><\/p>\n<p><em>10:24<\/em> reverse hedge to buy (5.2 pip target to the upside)<\/p>\n<p><em>11:02<\/em>\u00c2\u00a0too much conflicting information, such as Gold is above vwap\u00c2\u00a0while <strong>AUDUSD<\/strong> hovering\u00c2\u00a0just below<br \/>\nand <strong>EURUSD<\/strong> doesn&#8217;t move at all<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23740\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/Screenshot_17-512x186.png\" alt=\"\" width=\"512\" height=\"186\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_17-512x186.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_17-300x109.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_17-768x278.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_17-960x348.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_17.png 1057w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p>the setup likely to play out as planned, but there is just too little space,\u00c2\u00a0re-hedging <strong>USDSGD<\/strong> while still in profit.<\/p>\n<p><em>16:11<\/em> London has kicked in, prices moved a tiny bit, but we still in the range. (holding Hedge)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23758\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/Screenshot_23-e1552464767821-512x188.png\" alt=\"\" width=\"512\" height=\"188\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_23-e1552464767821-512x188.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_23-e1552464767821-300x110.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_23-e1552464767821.png 543w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p><em>17:38<\/em> try to reverse hedge on <strong>USDSGD<\/strong> to a new low ..\u00c2\u00a0didn&#8217;t work out so well, however, made about 30% of the loss generated back before hedging again, so its a winner after all \ud83d\ude09<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23764\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_17-36-50-512x257.png\" alt=\"\" width=\"512\" height=\"257\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_17-36-50-512x257.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_17-36-50-300x150.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_17-36-50-768x385.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_17-36-50-960x481.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/cT_cs_1043745_USDSGD_2019-03-13_17-36-50.png 1089w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23780\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/Screenshot_28-512x185.png\" alt=\"\" width=\"512\" height=\"185\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_28-512x185.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_28-300x109.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_28-768x278.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_28-960x348.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_28.png 1110w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p>will close all positions once DXY hits the lower support<\/p>\n<p><em>00:11<\/em> re-hedging all positions on <strong>USDSGD,<\/strong> ad DXY did hit the support<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23790 size-full\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/Screenshot_33.png\" alt=\"\" width=\"485\" height=\"285\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_33.png 485w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_33-300x176.png 300w\" sizes=\"auto, (max-width: 485px) 100vw, 485px\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-23788\" src=\"https:\/\/www.swingfish.trade\/blog\/wp-content\/uploads\/2019\/03\/Screenshot_32-512x185.png\" alt=\"\" width=\"512\" height=\"185\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_32-512x185.png 512w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_32-300x108.png 300w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_32-768x277.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_32-960x347.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2019\/03\/Screenshot_32.png 1105w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><\/p>\n<p>holding the hedge till tomorrow, there is nothing much left to do today as volatility will soon die.<\/p>\n<p>&nbsp;<\/p>\n<p><!--more--><strong>Total Today: 0%<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Trading Day Recap<\/p>\n<blockquote>\n<p style=\"text-align: center;\">No recap today. as the day will continue tomorrow.<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Stream Recording<\/p>\n<p><iframe loading=\"lazy\" title=\"LIVE Day Trading Forex &amp; CFD [Wed 13 Mar 2019]\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/PW5ikb8glDU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h6 style=\"text-align: right;\"><em>please note: times \/dates shown in Stream, Screenshots &amp; Blog<br \/>\nin SGT \u00c2\u2013 Singapore Timezone (GMT+8)<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>in the aftermath of Brexit debates and votes, Log 531 will cover 2 Trading days!<\/p>\n","protected":false},"author":1,"featured_media":23813,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[51],"class_list":["post-23633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-journal","tag-usdsgd"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/23633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=23633"}],"version-history":[{"count":13,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/23633\/revisions"}],"predecessor-version":[{"id":23814,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/23633\/revisions\/23814"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/23813"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=23633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=23633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=23633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}