Mr.G' s Trading Journal

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Let's begin with my first outlook. This is EUR/USD. Now it's completing a Swing High under an important daily demand zone in confluence with a potential end of an Elliott's minor wave/correction

EUR/ USD

D1



H4

My watchlist for the week 27/04 - 01/05/2020:

EUR/JPY, AUDUSD, USD/CAD, USD/CHF, GBP/USD, EUR/AUD, GBP/AUD

Negative Correlated (D1)

EUR/JPY - USDCAD (-41%)

Positive Correlated (D1)

EUR/JPY - GBP/USD (8%)
EUR/JPY - EUR/AUD (3%). Too long to write all. Always remember to check correlations before open 2 trades. I don't want useless exposure

https://www.fxstreet.com/technical-a...et/correlation

EUR/JPY: Double bottom on round number 116.000 + clearly reacting on monthly s61 pivot/supply zone. Both short/long mid/long term trades options are valid, because on weekly under 116.000 i see other interest zones that could be tested, this would coincide also with 12345 Weekly Elliot Wave and remember sup/dem are made for be broken at a certain time.



AUD/USD: Double bottom visible on Monthly on 0.6000 price. Now stopped under a TL/ dem zone. Don't know if it will hold.



USD/CAD: Clear Double Top on monthly. On daily TF i see it in a wide range that offer various trading opportunities. I'm more bearish basing on my "eye" but i'm nobody. It depends also from geopolitical factors and fundamental





USDCHF: It is worth a look too. Anyway it could try to beat previous high around 0.98630



GBP/USD: Head and shoulders forming. I see a big supply zone. Anyway as we can see there are a lot of news/data events to come out

Attachment g

EURAUD

EUR/CHF i feel it is slowly going to 0.97850 zone where a rally has started after CHF crash. I'd like to short it if i see a good pullback

GBP/AUD too on the sight

XAU/USD (m15) Closed those 2 "little trades" for a total of 57/20= 77 pips. I like those trades because my entries and exits have been very accurated

Stopped out on GBP/JPY.




Closed in profit USD/CHF



Mistakes made on USDCHF: I have closed too soon the trade: my TP was exactly where price has stopped. My analysis was totally correct. I have to learn to trust more in myself.

Closed GU + 72 pips

What may happen on GU next weeks

Short position on EURUSD closed. ADP coming out. Currently long +13 pips stop at BE.

forgot to say days ago i had some short position on GBPUSD stopped out. SL was too tight.

current watchlist:

EURJPY
USDCAD

AUDUSD H4



H1:

USD/CAD H4

EUR/JPY M5 - Buy limit not triggered. £$%&%£/!!!

I am currently short on USDCHF. Entered very much late for my tastes.

Please don't do an error i did often: Pretend to take "big moves" watching (and managing) from little timeframes like m5 or m15. You can do it but it's more difficult ofc and requires a deep analysis of current market structure for sell "very very high in the right point to the pip".

Smaller tf: smaller stop losses: less error margin, and you understand that it's more difficult transforming a scalping trade in a 35 days position trade

" Accuracy "

I see invisible people visiting this thread. Don't be shy. You are invited to participate with constructiveness if you want

E/J H1 i try some little sells





Stopped out - again in with full size stop at BE +1

E/J Stopped out at BE+1. Waiting to sell it around 117.200 and 117.700 area

USD/CHF +110 pips currently and i still don't see buyers, so i will hold it.