{"id":7380,"date":"2018-05-07T13:13:34","date_gmt":"2018-05-07T05:13:34","guid":{"rendered":"http:\/\/swingfish.trade\/blog\/?p=7380"},"modified":"2018-05-08T05:11:43","modified_gmt":"2018-05-07T21:11:43","slug":"316-gold-usdjpy-usdsgd","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/trading-journal\/316-gold-usdjpy-usdsgd-7380\/","title":{"rendered":"316 | +2.418% | 3 Setups"},"content":{"rendered":"<p><em>we can expect a VERY slow Monday today, as there where some interesting moves last week in Japanese Yen and the USDollar, plus today are significant holidays, so don&#8217;t expect much.<\/em><\/p>\n<p>as expected, erratic market movements, high spreads because of tiny volume, but we made it in under 6 hours.<\/p>\n<p><!--more--><br \/>\nCurrency Data:<a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/cs-36hoursdiverge316\/\" rel=\"attachment wp-att-7418\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-7418 size-medium\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge316-320x192.png\" alt=\"\" width=\"320\" height=\"192\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge316-320x192.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge316-150x90.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge316-768x461.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge316-960x576.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge316.png 1280w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n<ul>\n<li>Positive: <strong>JPY, USD<\/strong><\/li>\n<li>Negative: <b>GBP, CAD, EUR, NZD<\/b><\/li>\n<li>Pair(s) to Watch: <strong><span style=\"text-decoration: underline;\">GBPJPY<\/span><\/strong>\u00c2\u00a0(Sell), <strong><span style=\"text-decoration: underline;\">USDCAD<\/span><\/strong>\u00c2\u00a0(Buy)<\/li>\n<li>Asia Session Events:\u00c2\u00a0<strong>BoJ Monetary Policy Meeting Minutes\u00c2\u00a0[JPY],\u00c2\u00a0Consumer Price Index [CHF]<\/strong><\/li>\n<li>Bank Holidays: <strong>Australia, Ireland,\u00c2\u00a0United Kingdom<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><!--more--><br \/>\n<em>07:47<\/em> Buy <strong>USDSGD<\/strong><\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/316-buy-usdsgd\/\" rel=\"attachment wp-att-7430\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-7430\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdsgd-320x129.png\" alt=\"\" width=\"320\" height=\"129\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdsgd-320x129.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdsgd-150x61.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdsgd.png 730w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n<p><em>07:51<\/em> Buy <strong>USDJPY<\/strong><\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/316-buy-usdjpy\/\" rel=\"attachment wp-att-7431\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-7431\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdjpy-320x178.png\" alt=\"\" width=\"320\" height=\"178\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdjpy-320x178.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdjpy-150x84.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdjpy-768x428.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-usdjpy.png 816w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n<p><em>08:10<\/em> hedging both <strong>USDSGD<\/strong> and <strong>USDJPY<\/strong> as the dollar drops hard on Tokyo opening (bias is still bullish, but we have to wait a little bit to see whats what)<\/p>\n<p><em>08:18<\/em> <strong>DXY<\/strong> broke below micro support, reversing both to Short<\/p>\n<p><em>08:27<\/em> reversing hedge on the drop, and re-hedging on the pivot&#8217;s claiming back a small part of the loss and move the hedge-gap closer together<\/p>\n<p><em>09:16<\/em> closing <strong>USDSGD<\/strong> at Breakeven and <strong>USDJPY<\/strong> at a 1.1% gain, the pivot will be easy reached on USDJPY but the position is too large, and Damage control comes first!<br \/>\nkeep in mind: Greed Kills!<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/316-close-breakeven\/\" rel=\"attachment wp-att-7433\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-7433 size-medium_large\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-breakeven-768x266.png\" alt=\"\" width=\"768\" height=\"266\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-breakeven-768x266.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-breakeven-150x52.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-breakeven-320x111.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-breakeven-960x333.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-breakeven.png 1517w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p><em>10:12<\/em> buy <strong>GOLD<\/strong> after confirmed reversal to 1319.98 (gold is not very accurate\u00c2\u00a0if it comes to vWap)<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/316-buy-gold\/\" rel=\"attachment wp-att-7435\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7435\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-gold.png\" alt=\"\" width=\"595\" height=\"213\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-gold.png 595w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-gold-150x54.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-buy-gold-320x115.png 320w\" sizes=\"auto, (max-width: 595px) 100vw, 595px\" \/><\/a><\/p>\n<p><em>10:36<\/em> thinking of exiting the <strong>GOLD<\/strong> trade, as the dollar appearing not to fall deeper (likely I just have not enough patience) but I&#8217;d like to have at least one trade that was not hedged today \ud83d\ude42<\/p>\n<p><em>10:52<\/em> manually hedging <strong>GOLD<\/strong>, as it basically stopped moving but slowly falling back to the vWap. (was probably too early)<\/p>\n<p><em>10:59<\/em> feeling tempted to reverse the hedge on <strong>GOLD<\/strong>, but <strong>USDJPY<\/strong> still moving upwards ..\u00c2\u00a0where the <strong>USD<\/strong> is moving down, which is odd)<\/p>\n<p><em>11:00<\/em> market lured me into reversing <strong>GOLD<\/strong> by spiking a few pips up, will exit the trade on breakeven.<\/p>\n<p><em>11:36<\/em> <strong>USDJPY<\/strong> still above the vWap .. things are not in a save range yet, especially since the hedging did eat up all my previous gains already.<\/p>\n<p><em>11:39<\/em> Nikkei picking up pace upwards (not much, but that most certainly won&#8217;t help the GOLD trade)<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/dxy-gold\/\" rel=\"attachment wp-att-7437\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium_large wp-image-7437\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/dxy-gold-768x235.png\" alt=\"\" width=\"768\" height=\"235\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/dxy-gold-768x235.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/dxy-gold-150x46.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/dxy-gold-320x98.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/dxy-gold-960x293.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/dxy-gold.png 1309w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p><em>11:54<\/em> small spike downwards caused an <a href=\"\/swingfish-helper\">AutoHedge<\/a> (had too large size on)<\/p>\n<p>12:30 giving it another try, reversing to short to a close by horizontal target arround\u00c2\u00a01315 (likely not really going to work)<\/p>\n<p>13:03 exit early as the margin was at 295% .. which is not a good thing if volatility picks up. better play it safe<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/316-close-gold\/\" rel=\"attachment wp-att-7439\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-7439 size-full\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-gold.png\" alt=\"\" width=\"705\" height=\"608\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-gold.png 705w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-gold-150x129.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/316-close-gold-320x276.png 320w\" sizes=\"auto, (max-width: 705px) 100vw, 705px\" \/><\/a><\/p>\n<p><!--more--><strong>Total Today: +2.418%<\/strong><\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/316-2-418-3-setups-gold-usdjpy-usdsgd\/attachment\/ct_cs_2021731_usdjpy_2018-05-07_13-11-53\/\" rel=\"attachment wp-att-7442\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7442\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_USDJPY_2018-05-07_13-11-53.png\" alt=\"\" width=\"573\" height=\"263\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_USDJPY_2018-05-07_13-11-53.png 573w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_USDJPY_2018-05-07_13-11-53-150x69.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_USDJPY_2018-05-07_13-11-53-320x147.png 320w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><\/a><\/p>\n<hr \/>\n<p><iframe loading=\"lazy\" title=\"LIVE Day Trading Forex &amp; CFD [Mon 7 May 2018 | +2.418% | 3 Setups]\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/-qQfFPn8JBo?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>we can expect a VERY slow Monday today, as there where some interesting moves last week in Japanese Yen and the USDollar, plus today are significant holidays, so don&#8217;t expect much. as&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6,10,51],"class_list":["post-7380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-journal","tag-gold","tag-usdjpy","tag-usdsgd"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/7380","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=7380"}],"version-history":[{"count":11,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/7380\/revisions"}],"predecessor-version":[{"id":7447,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/7380\/revisions\/7447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/7441"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=7380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=7380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=7380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}