MoneyFocus' Journal

Patience, Conviction and Gains.

Opening balance: SGD 9,066.

Please feel free to share any trade ideas you have, question my trade ideas, etc etc etc. Anything goes!

15/09/2017

Closing balance: SGD 11,224
Gain: SGD 2,158
Percentage: +23.8%

Had a good day with selling USD/JPY early in the morning and then cashing in big on EUR/JPY longs. Profits got hurt taking a long on GBP/JPY at a high price (wanted to do a scalp, but got greedy and ended up backfiring big time).

No open positions.

https://www.youtube.com/watch?v=lpKv-tvQxYs

An emo song for the emo soul.

Will be sharing my trade ideas for Monday later. Enjoy the weekend everyone!

https://www.youtube.com/watch?v=oKPcChunFH4

It's Sunday.

Looking for sell opportunities on GBP/JPY and GBP/USD. Both in the overbought zones, GBP is still bullish, but I think after that monstrous run up, retracement is likely.

Looking for longs in USD/JPY, AUD/JPY and EUR/USD.

Just some of my preliminary ideas for now.

1. Sell GBP/JPY (counter trend)
2. Sell GBP/USD (counter trend)
3. Buy USD/JPY
4. Buy EUR/JPY
5. Buy EUR/GBP
6. Buy AUD/JPY
7. Buy EUR/USD

thanks.

Don't thank me, I may or may not be right.

Had a good first day of my new journey, hopefully it continues this way.

Just taking another look on NZD/USD, the H&S pattern is still not broken. Having said that, I think NZD/USD is supported at 0.7210 so the H&S might eventually not play out. Might attempt selective sells on NZD/USD.

1. Sell GBP/JPY (counter trend)
2. Sell GBP/USD (counter trend)
3. Buy USD/JPY
4. Buy EUR/JPY
5. Buy EUR/GBP
6. Buy AUD/JPY
7. Buy EUR/USD
8. Sell NZD/USD

Re-grouping my ideas.

Sell GBP/JPY
Sell GBP/USD

Buy USD/JPY
Sell NZD/USD

Buy EUR/JPY
Buy EUR/USD

Buy AUD/JPY

Dropping the call to buy EUR/GBP. Likely to be too volatile to ride through.

Do note that these are not finalized ideas and anything and everything is subjected to last second changes.

Cheers.

https://www.youtube.com/watch?v=rKFtivD7Rvw

https://www.youtube.com/watch?v=4OqXWzekVw4

I think I would zero in on a few key trades:
-Buy USD/JPY
-Buy EUR/JPY

Scalp ideas:
-Sell GBP/USD
-Sell GBP/JPY

We're less than 5 hours to opening, I'm running a flu, hopefully it will still be a good day!

https://www.youtube.com/watch?v=K_N76y5elPM

Good morning...I see that the markets have moved...GBP/JPY has moved strongly up.

Took longs on CAD/JPY and GBP/JPY. The entries are definitely not ideal, but nothing is ideal in this world. I can only blame myself for not waking up earlier. If I did, would had taken 30 pips on USD/JPY.

Long CAD/JPY @ 91.275.
Long GBP/JPY @ 150.102.

CAD/JPY target of 92, pending news play.
GBP/JPY target of 153.47.

Small contract sell on EUR/GBP @ 0.8788

....I'm subscribed MoneyFocus, good luck...

Thanks babydoll.

Hopefully we head for more green pips!

I think EUR is under downwards pressure and a big sell could be coming. GBP on the other hand, looks to maintain momentum. This could be a good swing trade despite the small contract size.