Posts

Going long EURGBP

A trade setup has formed on EURGBP. Good upward trend, RSI has been retracing and is now up, EMA is sloping up, stop loss at previous fractal. Go long.

EURGBP long

EURGBP long

Going long EURUSD

A trade setup has formed enabling to go long EURUSD.

Price above cloud, EMA and Kijun trending up, stop at last fractal.

EURUSD  Long

EURUSD Long

EURUSD stop hit

My stop was hit on the long EURUSD, then the pair exploded.

EURUSD

EURUSD

Stopped out on XAGUSD

Another case of retrace taking me out with subsequent continuation of the trend in the right direction. No problem, but a very bad start of the month with mainly losing trades so far. I do however have two open trades that are in profit. I’ll have to manage them well to get the money management machine to save the day. No change in the strategy, no revenge trading, I missed a couple of good signals that happened during midday but that’s how I trade, nothing I can change and it’s been profitable so far. So this month is a typical case were psychology usually drives you to overtrade or shift strategies. I’ll try and stick to the rules without emotion.

XAGUSD loss

XAGUSD loss

Stopped out on EURUSD

Retrace stopped me out,

EURUSD Loss

EURUSD Loss, 38 pip loss

 

Going long EURUSD

Long signal on EURUSD

Long EURUSD

Long EURUSD

No momentum: looks like a consolidation phase

Apart from a few pairs nothing is trending. It looks like one of these consolidation phases when my momentum system underperforms. This is an indication to remain on the sidelines unless clear signals appear and real trends start initiating. Let’s be patient, some significant news events are on the docket for the end of the week, that might get things moving again. Safe trading to all.

Going long USDCAD

Have just taken a long USDCAD. 21 EMA sloping up, good trending pair, low risk with most recent fractal very close nearby.

Long USDCAD

Long USDCAD

Just took two trades involving cable

Just entered two trades involving cable (GBP).

GBPUSD short

GBPUSD short

EURGBP long

EURGBP long

First entries for 2016 : 3 open trades

Hi everyone , to start the year I’ve just entered three short trades :

  • a short AUD/USD
  • a short GBP/USD
  • a short NZD/JPY

Conditions were aligned, downtrends, sloping EMA and Kijun, bounces off 7 period RSI.

Stop losses placed at latest fractals.

AUDUSD H4 (01-11-2016 2202) GBPUSD H4 (01-11-2016 2201) NZDJPY H4 (01-11-2016 2213)