Posts

Going long AUDNZD

A long signal on AUDNZD this morning. We’re out of the kumo and the 21 EMA is trending nicely. Latest fractal allows for a nice tight stop loss placement.

Long AUDNZD

Long AUDNZD

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

Trade setup on AUDNZD

Going short, a trade setup on AUDNZD has appeared, trend is down, price is below cloud, Kijun and EMA trending down, stop loss at previous fractal, low risk 0.9%.

AUDNZD short

AUDNZD short

Two entries this morning

Good morning, I have to entries this morning.

One on NZDJPY and the other on CADJPY (see graphs) :

CADJPY H4 (02-02-2016 0732) NZDJPY H4 (02-02-2016 0732)

To know more about my methodology, read about it here.

45 pip gain an CAD JPY

Trailed the stop pretty close. End of year markets, I don’t want to be in for too long.

A quick win of 45 pips on this CAD JPY short.

cad jpy 45 pip gain

Two manual exits on Wheeler conference : +137pips on AUD/NZD and +19pips on NZD/USD

After trailing my stops to limit exposure during RBNZ press conference, my two trades exited with a profit : +137 and +19 pips.

Day ends with a total of +170 pips

Exit on Wheeler conference

+19 pips on NZD/USD

Winning trade

+19pips on NZD/USD