Posts

Break-even on CADJPY

As with most of my trades these past weeks, there was a violent retrace stopping me at break-even on CADJPY

CADJPY

CADJPY

Going long on gold

Long signal on XAUUSD tonight.

XAUUSD

XAUUSD

Another retracement

Not a single winning trade so far this month. These ranging markets are taking quite a toll on my performance.

EURUSD H4 (02-26-2016 0546)

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

Stopped out on AUDNZD

My AUDNZD trade from yesterday got stopped out. No confirmation of the trend, we’re basically ranging like on most pairs currently.

AUDNZD retraced

AUDNZD retraced

Taking a long EURCAD

Going long on EURCAD, good signal appeared.

As an exception stop-loss is not at fractal but at Kijun Sen level.

EURCAD long

EURCAD long

Going long EURUSD

Long signal on EURUSD

Long EURUSD

Long EURUSD

Loss of 33pips

My trade taken earlier was stopped out.

AUDNZD loss

AUDNZD loss

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

73 pip loss on EUR/NZD

Took a 73 pip loss on my short EUR/NZD trade.

The pair is prone to quite a lot of whipsaws.

eurnzd loss 73 pips

eurnzd loss 73 pips