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- Senikmonk replied Dec 13, 2016
Same trades as it is another AUD. I did get knocked out of this trade once before but have put it back on with that better stop placement. As for my other trades going I am Long GBP NZD still, Long EUR USD still and basically dumping AUD like an ...
DTSW Penguino Style
- Senikmonk replied Dec 13, 2016
This is basically the same trade set up as the GBP AUD set up prior post. If you looked out on a daily chart you got a pretty bad ass bottom there where my stops are. Its a triple bounce. I like this entry way better as the risk to reward is easier ...
DTSW Penguino Style
- Senikmonk replied Dec 13, 2016
Here are some new trades that I have put on. I have been watching the 4 hr and took some daily trades based off of those 2 time frames coinciding. I wish I got in on the USD CHF short squeeze that happened. I think I got in got burned and missed a ...
DTSW Penguino Style
- Senikmonk replied Dec 13, 2016
Okay back at it i think i was down -$50 at my worst. Here is a small update on some new trades and where the account is at currently as of typing. I am -$29 with a floating $40 profit. PS the big winner was the GBP USD from post #9. That trade ...
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
The last trade for the day. I have in total a -$35 on a $500 dollar demo real. That is a 7% loss in a day. I do not mind a swing of that size as long as my output is positive after a few hundred trades. Gotta put in some time and work to figure how ...
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
2nd to last one for the day. This one got stopped and no re-entry. Looks volatile.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
Another new trade. This one is holding its ground there are some good buyers here I think.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
USD CHF Stopped out but I have a re entry again. I can see a good sell off if the 1.0178 holds. This is the re-entry.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
I have also quite a few new trades. These do include a 2nd entry on GBP and EUR NZD long. I like the support and the risk to reward is too good. Screen caps to follow for each.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
Here is a winner I took off the AUD USD. I put the 2 out of the three trades on a 1 risk to 2 reward. The last trade was left open for a bigger tp all the way down at .7385.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
I have another set up on the EUR NZD this was through the same pattern I like on both pairs the GBP and EUR NZD. I had liked the 3 long wicks at a support that was holding. The take profits were all set at to 1 risk to 2 reward. This one was a loss.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
Alright got some trades here that I took last night. There is the GBP NZD. It is still alive but in the red as of now.
DTSW Penguino Style
- Senikmonk replied Dec 8, 2016
The first thing I need to do is perform a trade explorer and document my trades as I put them on. I have no strategy that goes beyond a 123 on sight trade off of a rejected support or resistance. I favor 4 hour charts for these trades so I can work ...
DTSW Penguino Style
- DTSW Penguino StyleStarted Dec 8, 2016|Trading Journals|14 replies
Here I sit making a place among the night. I recline in my bed like a writer whom makes his muse an ...
- Senikmonk replied Sep 17, 2014
I am leaving them open till the last US RED news tomorrow. Then I will trade that with a different basket. The NZD looks like a small news release but i think that since the basket is up and running it is more of an opportunity cost to not leave it ...
How to trade NFP/FOMC and make pips
- Senikmonk replied Sep 17, 2014
Nice work binnie. I made some net on that set up too. Just got out before FOMC. NZD GDP is here im already set up. Good Luck!
How to trade NFP/FOMC and make pips
- Senikmonk replied Sep 17, 2014
CAD basket was closed for a small profit. Still a negative balance on one account and a small profit on the other. Lets go NZD! I need another one
How to trade NFP/FOMC and make pips
- Senikmonk replied Sep 16, 2014
Sorry to hear that Binnie, but it is better to flush out the mistakes early on demo before jumping in live. Just remember the losses are inevitable. We need to keep track of how good the wins are compared to the losses. If we insure our trades ...
How to trade NFP/FOMC and make pips
- Senikmonk replied Sep 16, 2014
Closed all AUD's out with a small loss. I did it right before that huge 30 minute candle in new york. Dont know whaat that would have done to my basket but i dont want to live in the what ifs. Now im open on CAD news at 12:45. Good luck. Binnie I ...
How to trade NFP/FOMC and make pips