Posts

Going long GBPUSD

Going long GBPUSD this morning, pair is trending up and risk can be kept low at latest fractal.

Long GBPUSD

Long GBPUSD

Going long CADJPY

Another signal, going long CADJPY, good R:R prospect.

CADJPY

CADJPY

Going long EURNZD

Long signal on EURNZD

EURNZD

EURNZD

Small gain on USDCAD

My stop has been trailed down, small gain on this short USDCAD trade.

USDCAD

USDCAD

Going long on gold

Long signal on XAUUSD tonight.

XAUUSD

XAUUSD

Shorting EURCAD

A signal appeared on EURCAD, going short for Feb’s last trade.

EURCAD

EURCAD

Loss on USDJPY

We are still in a range, my short trade on USDJPY got stopped out.

USDJPY loss

USDJPY loss

No trends or trades currently

There is absolutely no signal on the radar. A little hesitation on GBP/JPY (short) this morning but markets have been so much in a range for the past weeks, best to stand aside and remain patient.

A challenging month : 100% losing trades

This month of February is proving very challenging. My EURAUD trade has been stopped out as the pair retraced, bringing Feb losses to a cumulated 6.8%, quite a significant drawdown. So far this month all of my ten trades have been loss making, 100%. Well, as we all know this is precisely not the time to change anything. No revenge trades, stick to the rules. This is also the reason why this website is very useful to me, being totally transparent I am forced to be disciplined and remain steadfast on the way I implement these rules. Let us see how this unfolds as we near the end of the month. It is clear that my strategy is a momentum trading strategy and currently there is an evident lack thereof. The objective will be to capture the right momentum when trends resume because over the long run this is what will make momentum trading profitable.

EURAUD loss

EURAUD loss

Feb losses

Feb losses

Entering short EURAUD

Short signal on EURAUD

EURAUD short

EURAUD short