Shorting USDCAD and long AUDJPY

USDCAD

USDCAD

AUDJPY

AUDJPY

Good opportunity on AUDCHF

Just put in a Buy Limit on AUDCHF, gret risk reward ratio if the pair retraces slightly to support.

AUDCHF

AUDCHF

Stopped out on EURJPY

The pair retraced upwards and stopped me out. I was in profit for quite a while but never reached enough profit, so I let my rules apply. Wath the descending trendline for any shorting opportunity.

EURJPY

EURJPY

Stopped out on AUDUSD

Price broke through support level. Stopped out.

AUDUSD

AUDUSD

Going long AUDUSD

Took a long on the support level below.

AUDUSD

AUDUSD

EURJPY short

EURJPY is retracing below resistance, going short aiming for demand zone below.

EURJPY

EURJPY

195 pip gain on USDCAD

Just closed a nice trade with a 195 pip gain on USDCAD. I had taken a short below resistance, aiming for the demand area below. Risk had been kept at 1% and the outcome is a 4R.

195 pip gain on USDCAD

195 pip gain on USDCAD

EURUSD and USDCAD trades

I had entered a short on EURUSD just below resistance, however bearish NFP news took me out. Knowing it was NFP day I also had a kind of ‘hedge’ with a bearish USD/CAD trade, which is now showing good progress and approx double my loss on EURUSD.

EURUSD H8 (09-02-2016 2025)

USDCAD H4 (09-02-2016 2059)

Reversal on USDCAD

There is a reversal on USDCAD. Have just taken a short with excellent R:R ratio, aiming for the demand area around 1.2879. Risk at 1% of my account, stop just above previous high to keep things tight.

USDCAD

USDCAD

Waiting for a sell signal on GBPCAD

We have identified a good selling zone and we’re waiting for a sell signal on GBPCAD.

Target will be the support zone below. Could provide a good risk / reward ratio.

GBPCAD short idea

GBPCAD short idea

Shorting EURUSD

Shorting EURUSD on a move lower following break of a support level that has just been re-tested.

EURUSD short

EURUSD short

Back to the trading station

Hi all, back to work and back to the trading station ! July was a disastrous month with mainly losers and a -6.5% performance. Money ,anagement was respected but trades simply did not playout with a lot of whipsawing.

You can still follow all of my peformance and trades on MyFxbook.

Now let’s see what this end of August has in store. Summer trading is usually not very good and that was confirmed again this year. No change in my trading system, pure price action, playing rejection of major levels, and always conservative money management.

Stopped out on three trades

Got stopped out on three trades today.

EURGBP H4 (07-14-2016 2206) NZDUSD H8 (07-14-2016 2206) XAUUSD H8 (07-14-2016 2206)

Buy limit on EURGBP

Getting ready with a buy limit on EURGBP just below current prices. I cannot enter at market prices because my risk would be too high, therefore I am waiting for a retracement entry. Stop below previous low, take profit will be a 1.5036 for 1:3 ratio. Risk at 1% of my account as always.

EURGBP H8 (07-14-2016 0648)

Entered on Gold and EURAUD

Took two long trades on Gold and EURAUD, price action shows bullish rejection of a major weekly level for EURAUD, giving us an excellent potential gain and an awesome R:R ratio of over 3 times our risk. On Gold the overall momentum is bullish on the long run, there has just been a pause in the uptrend and price action suggests it could resume. Stop at 1386.58 giving as a potential gain of over 4 times our risk.

EURAUD H8 (07-14-2016 0635)XAUUSD H4 (07-14-2016 0637)

Taken out on silver and GBPJPY

Silver retraced and took me out. Took a second loss on GBPJPY.

XAGUSD

XAGUSD

GBPJPY

GBPJPY

Long silver again

Going long silver again. The signal is a bullish engulfing on the H1 chart. Stop loss below recent low.

XAGUSD

XAGUSD

Taken out on Gold, thanks NFP

Taken out on Gold by a retrace lower. Loss of 1501 pips. That’s what NFP does to you, and so much for not following my own advice 🙂 See the volatility on H1 chart below.

Loss on Gold

Loss on Gold

NFP impact on Gold H1 chart

NFP impact on Gold (H1 chart)

Careful today is NFP

Shorting GBPJPY

A short signal has printed on pound yen via a bearish engulfing in a strong downtrend. Stop just above previous high, T/P far below gives us good R:R. Shorting GBPJPY.

GBPJPY on H4

GBPJPY on H4

My system

See my simplified Ichimoku strategy (15 min per day)

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