USDJPY missed my buy stop by a pip. And I am glad it did becasue it closed below the channel high. But the order remains in place.
AUDUSD price action is favorable for my position, and this eases my pain of seeing EURUSD and NZDUSD falling like a rock without me on board. Maybe I should stop mentioning this? ;-)
EURNZD Trade #25, something strange happened... it opened and immediately closed. I will ask the broker. Possibly my error in stop placement. It is unfortunate becasue this position would be in a small profit by now and nicely closed above the channel.
EURAUD shows a RRR short setup. At the same time EURNZD shows a long CB entry. I am confused. Two correlated pairs , different direction trades setups. Sure enough AUDNZD cross is going up. Perhaps I should just get long AUDNZD, but there is no setup I trade there. I will wait one more day for the situation to clarify. Also, I already have two other "short AUD" positions.
EURCAD trade #26 cancelled, as ADX turned down. I realized there is a numbering error above, trade GBPAUD above should be #27.
Copper trade #21, going nowhere, I wanted to scrap it, but it printed an inside bar today, I will let it play out... it may break to the downside.
USDNOK makes me regret I closed it yesterday. But hey, I followed my system.
GBPAUD trade #27 got filled , and shows a small loss, which is not a good sign. And it unfortunately closed below the 55 high. But the rejection rule is not "active" becasue the channel line was not flat or declining for at least 5 bars. So I do not touch it. Stop loss is in place.
USDMXN Trade #15 rewarded me today with a 1R profit, so I closed half the position at market, remaining half is opened as a "free trade".
OK, that's it for today's trades update. Stand by for a week summary.
AUDUSD price action is favorable for my position, and this eases my pain of seeing EURUSD and NZDUSD falling like a rock without me on board. Maybe I should stop mentioning this? ;-)
EURNZD Trade #25, something strange happened... it opened and immediately closed. I will ask the broker. Possibly my error in stop placement. It is unfortunate becasue this position would be in a small profit by now and nicely closed above the channel.
EURAUD shows a RRR short setup. At the same time EURNZD shows a long CB entry. I am confused. Two correlated pairs , different direction trades setups. Sure enough AUDNZD cross is going up. Perhaps I should just get long AUDNZD, but there is no setup I trade there. I will wait one more day for the situation to clarify. Also, I already have two other "short AUD" positions.
EURCAD trade #26 cancelled, as ADX turned down. I realized there is a numbering error above, trade GBPAUD above should be #27.
Copper trade #21, going nowhere, I wanted to scrap it, but it printed an inside bar today, I will let it play out... it may break to the downside.
USDNOK makes me regret I closed it yesterday. But hey, I followed my system.
GBPAUD trade #27 got filled , and shows a small loss, which is not a good sign. And it unfortunately closed below the 55 high. But the rejection rule is not "active" becasue the channel line was not flat or declining for at least 5 bars. So I do not touch it. Stop loss is in place.
USDMXN Trade #15 rewarded me today with a 1R profit, so I closed half the position at market, remaining half is opened as a "free trade".
OK, that's it for today's trades update. Stand by for a week summary.
Michal9