{"id":7506,"date":"2018-05-11T16:47:53","date_gmt":"2018-05-11T08:47:53","guid":{"rendered":"http:\/\/swingfish.trade\/blog\/?p=7506"},"modified":"2018-05-12T02:58:32","modified_gmt":"2018-05-11T18:58:32","slug":"320-audjpy","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/trading-journal\/320-audjpy-7506\/","title":{"rendered":"320 | +4.019% | 1 Setup"},"content":{"rendered":"<p><i>Friday again, the usual randomness that comes with the day of the week, got caught in some massive correction, but the original plan worked out as planned, made some money while hedging as well. making this Friday an outstanding trading day.<\/i><!--more--><br \/>\nCurrency Data:<a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/cs-36hoursdiverge320\/\" rel=\"attachment wp-att-7542\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-7542 size-medium\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge320-320x192.png\" alt=\"\" width=\"320\" height=\"192\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge320-320x192.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge320-150x90.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge320-768x461.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge320-960x576.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/CS-36hoursDiverge320.png 1280w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n<ul>\n<li>Positive: <strong>AUD, EUR<\/strong><\/li>\n<li>Negative: <b>GBP, USD, NZD, CAD<\/b><\/li>\n<li>Pair(s) to Watch: <strong><span style=\"text-decoration: underline;\">EURUSD<\/span><\/strong>\u00c2\u00a0(Buy), <strong><span style=\"text-decoration: underline;\">AUDNZD<\/span><\/strong>\u00c2\u00a0(Buy)<\/li>\n<li>Asia Session Events: <strong>Gross Domestic Product [CNH]<\/strong><\/li>\n<\/ul>\n<hr \/>\n<p><!--more--><br \/>\n<em>11:37<\/em> buying <strong>AUDJPY<\/strong>, for the breakout, as it tries 3 times already, will make a small size, &#8220;breakout trade&#8221; (how is that for a change ?) \ud83d\ude42<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/320-buy-audjpy\/\" rel=\"attachment wp-att-7545\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium_large wp-image-7545 alignnone\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-buy-audjpy-768x383.png\" alt=\"\" width=\"768\" height=\"383\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-buy-audjpy.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-buy-audjpy-150x75.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-buy-audjpy-320x160.png 320w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p><em>11:42<\/em> if the Breakout happens on <strong>AUDJPY<\/strong> (big IF) I have no clear target due to the movements of Yesterday .. so R1 would be a realistic one. however I&#8217;m not a believer in Breakout trading, so for me, this trade is considered lost already anyway.<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/320-audjpy\/\" rel=\"attachment wp-att-7547\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7547\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-audjpy.png\" alt=\"\" width=\"504\" height=\"341\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-audjpy.png 504w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-audjpy-150x101.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-audjpy-320x217.png 320w\" sizes=\"auto, (max-width: 504px) 100vw, 504px\" \/><\/a><\/p>\n<p><em>11:51<\/em> scale in 100% on <strong>AUDJPY<\/strong><\/p>\n<p><em>12:27<\/em> as expected, the Break on <strong>AUDJPY<\/strong> became a fake, vWap, however, still looks upwards, scaling in another 30% to make the hedge distance smaller.<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/screenshot_52-2\/\" rel=\"attachment wp-att-7548\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-7548 size-medium\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_52-320x188.png\" alt=\"\" width=\"320\" height=\"188\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_52-320x188.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_52-150x88.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_52.png 732w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><\/a><\/p>\n<p><em>13:26<\/em> have to leave my Desk, <span style=\"text-decoration: line-through;\">will manually hedge the <strong>AUDJPY<\/strong> trade on 0.36% Gain<\/span><\/p>\n<p><em>13:34<\/em> placing counter order instead of the hedge, just in case the price drops, leaving now<\/p>\n<p><em>14:14<\/em> back on my desk, just to look <strong>AUDJPY<\/strong> dropping on me back to the breakout point, not so sure it&#8217;s wise to keep holding it as the TP2 is quite far away at 82.888<\/p>\n<p><em>14:27<\/em> hedging at 0.4% gain as price dropping quite substantially<\/p>\n<p><em>15:13<\/em> Reversing Hedge on <strong>AUDJPY<\/strong> as the <strong>Nikkei<\/strong> moves back up over the vWap, this may be a bit premature.<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/screenshot_64\/\" rel=\"attachment wp-att-7552\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium_large wp-image-7552\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_64-768x283.png\" alt=\"\" width=\"768\" height=\"283\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_64-768x283.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_64-150x55.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_64-320x118.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_64-960x353.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_64.png 994w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p><em>15:28<\/em> Frankfurt opening pushed the Dollar back to the vWap but there are signs of a reversal, which would be bad for the <strong>AUDJPY<\/strong> trade. allowing some extra drawdown to have it play out. as the <strong>Nikkei<\/strong>\u00c2\u00a0already reversing off the vWap to the upside. but it appears the dollar is a lot stronger now.<\/p>\n<p>15:49 <strong>Dollar<\/strong> going up, <strong>Nikkei<\/strong> going down, buying <strong>AUDJPY<\/strong> looks like a lost cause at this moment just touched the vWap itself as well.<\/p>\n<p><em>15:51<\/em> <a href=\"\/swingfish-helper\">SwingFish-Helper<\/a> hedged automatically <strong>AUDJPY<\/strong> (this maybe was too early, but will wait for London Opening first), still on 1600% margin, so nothing much to worry. just very disappointing\u00c2\u00a0how things turned out, but well, it&#8217;s Friday, probably some bug player loaded off some Yen before the Frankfurt opening, which would result in the Yen to go back up again)<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/screenshot_66\/\" rel=\"attachment wp-att-7553\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium_large wp-image-7553\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_66-768x279.png\" alt=\"\" width=\"768\" height=\"279\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_66-768x279.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_66-150x55.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_66-320x116.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_66-960x349.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/screenshot_66.png 1511w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<p><em>15:57<\/em> 3 minutes before London Pre-Market .. the <strong>dollar<\/strong> appears to lose its strength, returned back to the vWap, however the <strong>Nikkei<\/strong> still down, so we have to wait and see which one has the greater Force.<\/p>\n<p><em>16:07<\/em> waiting till the <strong>Nikkei<\/strong> is green again .. still holding the hedge on <strong>AUDJPY<\/strong><\/p>\n<p><em>16:09<\/em> reversing Hedge on <strong>AUDJPY<\/strong><\/p>\n<p><em>16:23<\/em> reversing <strong>AUDJPY<\/strong> exit at breakeven. (unless the nikkei makes a substantial directional move)<\/p>\n<p><em>16:26<\/em> set TP on <strong>AUDJPY<\/strong>\u00c2\u00a0 to 82.651<\/p>\n<p><em>16:33<\/em> close all trade early as the dollar starts to break down .. better take the profits before the Symbol reacts to it.<\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/320-close-audjpy\/\" rel=\"attachment wp-att-7555\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium_large wp-image-7555 alignnone\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-close-audjpy-768x363.png\" alt=\"\" width=\"768\" height=\"363\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-close-audjpy-768x363.png 768w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-close-audjpy-150x71.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-close-audjpy-320x151.png 320w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-close-audjpy-960x454.png 960w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/320-close-audjpy.png 1285w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/a><\/p>\n<blockquote><p>the original targets of\u00c2\u00a082.651 and 82.660 and 82.889 are however still in play<\/p><\/blockquote>\n<p>closing up now for the week on day trading.<\/p>\n<p><!--more--><strong>Total Today: +4.019%<\/strong><\/p>\n<p><a href=\"http:\/\/swingfish.trade\/blog\/trading-journal\/2018\/05\/320-audjpy\/attachment\/ct_cs_2021731_audjpy_2018-05-11_16-34-04\/\" rel=\"attachment wp-att-7556\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-7556\" src=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_AUDJPY_2018-05-11_16-34-04.png\" alt=\"\" width=\"573\" height=\"263\" srcset=\"https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_AUDJPY_2018-05-11_16-34-04.png 573w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_AUDJPY_2018-05-11_16-34-04-150x69.png 150w, https:\/\/swingfish.nullx8.com\/swingfish\/blog\/2018\/05\/cT_cs_2021731_AUDJPY_2018-05-11_16-34-04-320x147.png 320w\" sizes=\"auto, (max-width: 573px) 100vw, 573px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><iframe loading=\"lazy\" title=\"LIVE Day Trading Forex &amp; CFD [Fri 11 May 2018 | +4.019% | 1 Setup]\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/Qo1GYu0HGfQ?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>Friday again, the usual randomness that comes with the day of the week, got caught in some massive correction, but the original plan worked out as planned, made some money while hedging&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7557,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[14],"class_list":["post-7506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trading-journal","tag-audjpy"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/7506","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=7506"}],"version-history":[{"count":11,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/7506\/revisions"}],"predecessor-version":[{"id":7563,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/7506\/revisions\/7563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media\/7557"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=7506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=7506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=7506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}