Hi to everyone!
My name is Simon and this is my trading journal!
More details are going to come ...
My name is Simon and this is my trading journal!
More details are going to come ...
37884202017 09.14 20:15:07 sell 0.29 usdcad 1.22016 SL 1.22000
First trade!
A - entry point
B - once the price pierced and closed bellow the green line the SL is moved to BE
C, D, E are possible levels for price to bounce or revers, possible targets for closing the trade
C - price is closing bellow the Fibonacci -38.2% pivot line but it is bouncing back.
First partial close : 37884202017 09.14 20:15:07 sell 0.15 usdcad 1.220161.220001.211982017.09.14 21:09:35
USD/CAD Both stochastic on M5 and M15 are oversold!
I look for USD correlation on EUR/USD; the price is already at Fibonacci +38.2% pivot line losing momentum, both stochastic on M5 and M15 are overbought and still in a down trend on the big scale, so EUR/USD may bounce back downwards.
C - USD/CAD HeikenAshi turns blue and closes above MA5.
Trade closed: 37909522017 09.14 20:15:07 sell 0.14 usdcad 1.220161.218871.215982017.09.14 21:30:00 from #3788420[sl]
First trade!
A - entry point
B - once the price pierced and closed bellow the green line the SL is moved to BE
C, D, E are possible levels for price to bounce or revers, possible targets for closing the trade
C - price is closing bellow the Fibonacci -38.2% pivot line but it is bouncing back.
First partial close : 37884202017 09.14 20:15:07 sell 0.15 usdcad 1.220161.220001.211982017.09.14 21:09:35
USD/CAD Both stochastic on M5 and M15 are oversold!
I look for USD correlation on EUR/USD; the price is already at Fibonacci +38.2% pivot line losing momentum, both stochastic on M5 and M15 are overbought and still in a down trend on the big scale, so EUR/USD may bounce back downwards.
C - USD/CAD HeikenAshi turns blue and closes above MA5.
Trade closed: 37909522017 09.14 20:15:07 sell 0.14 usdcad 1.220161.218871.215982017.09.14 21:30:00 from #3788420[sl]
- #3
- Edited 2:35am Sep 15, 2017 12:45am | Edited 2:35am
3809398 09.15 20:15:07 sell 0.23 audusd 0.79911 SL 0.80038
The price gets bellow 0.8000 - significant price level, retests and brakes bellow Fibonacci -38.2% pivot line.
We are in a down trend!
A - entry point
A1 - price is bouncing back
A2 - the trade goes against but considering this level of consolidation still bellow 0.8000 and in an obvious downtrend I am considering to keep my position still open targeting B,C
Lets pay attention to the Frankfurt open because sometimes the price movement is denied!
B,C are possible levels for price to bounce or revers, possible targets for closing the trade
Frankfurt open 09.00 AM and I placed a sell stop order 3811089 right bellow the level 0.8000 still targeting downwards
The outcome...
The price gets bellow 0.8000 - significant price level, retests and brakes bellow Fibonacci -38.2% pivot line.
We are in a down trend!
A - entry point
A1 - price is bouncing back
A2 - the trade goes against but considering this level of consolidation still bellow 0.8000 and in an obvious downtrend I am considering to keep my position still open targeting B,C
Lets pay attention to the Frankfurt open because sometimes the price movement is denied!
B,C are possible levels for price to bounce or revers, possible targets for closing the trade
Frankfurt open 09.00 AM and I placed a sell stop order 3811089 right bellow the level 0.8000 still targeting downwards
The outcome...
- #4
- Edited 12:31pm Sep 15, 2017 8:51am | Edited 12:31pm
3832095 09.15 16:35:07 sell 0.10 gbpcad 1.651471 SL 1.64566
A - entry point
B - SL moved to BE; the trade is floating secured
B,C are possible levels for price to bounce or revers, possible targets for closing the trade
The outcome!
In order to shearing today's losing trade the position was closed at B 1.65553
A - entry point
B - SL moved to BE; the trade is floating secured
B,C are possible levels for price to bounce or revers, possible targets for closing the trade
The outcome!
In order to shearing today's losing trade the position was closed at B 1.65553
new entry !
- #13
- Sep 28, 2017 8:09am Sep 28, 2017 8:09am
{image}
{quote} That's it ... BE (if price gets above 1.17857 will look for a a possible re-enter, depending on conditions of course) {image}
{quote} RE-ENTER! 75% RATE OF SUCCESS TO GET BACK AT H1[1/8]/M5[8/8] {image}
