Trading with Luke

One new position: have just gone long UCAD @ 1.3403

The decline of the past few days has left alot of areas upstairs were stop loss orders could be hunted. Would be nice to participate in such a stop hunt

Hello everyone!

I haven't traded much this week.

So far :

- Got stopped out on my GBP shorts 2 days ago, losing 83 pips across 2 positions. I didn't have time to track markets as regularly as usual, so I didn't try to re-enter short
- I continued to set my sell-stop order below the low of the FTSE daily candle. That was finally triggered 2 days ago when price dropped below the low of Jun 8th. I have now just manually closed that short. Gain of 360 pips
- I continue to hold UCAD long from 1.3403. The price has risen by a bit is currently at 1.3574

That's it so far.

Hello.

Entered into a long punt on USD/JPY at 106.80

I also just closed my UCAD long for a gain of 204 pips

Chart with U/J long on 4-hour timeframe

Morning all!

New position opened: Long EUR/JPY at 121.10

Fundamentally, I am bearish USD but at the same time even more bearish JPY

So whilst I looking to long USD/JPY as well (still in my U/J since last evening), I see the EUR/JPY as a better play off both of these two biases of mine

Hello everyone. No new updates on my speculative punts. I am still long EUR/JPY, that's pretty much it.

Hello! After losing 68 pips on my EURJPY long, I stopped trading as family got back from abroad and there was a lot of catching up to do.

Plus the market is still ranging and deciding what to do.

I did take a long on FTSE a few days ago, trading the range. I have just closed it and entered into a short.

Also took a cable long. A bit late in the game, but willing to take the risk here. Expecting 300 or so pips

Short FTSE taken yesterday is progressing nicely . My puffer fish is eating pips again!

Stop loss on that moved to break even for a nice free punt.

My GBP/USD long is in a tiny profit now. Struggling to rise, but I believe it will

Hello again!

Just exited my FTSE 100 short from 6336 for a nice profit of just over 150 pipperonis

I will looking to short again maybe tomorrow

Still long GBP/USD

Hello guys!

Well today I've had to close my GBP USD long from June 23rd for a loss of 55 pips and it was tiring waiting for price to reach for around 1.2450 again so I could sell immediately.

On the other hand, I also just opened another short on FTSE100

Morning!

So far it's been a quiet week. My FTSE 100 short is still around my opening level, with price undecided on what to do next

I just opened a GBP/USD long punt. My previous one didn't go too well, as mentioned above. Let's see what this will bring!

Morning!

Well I just closed my FTSE short punt at pretty much the same level as I opened it few days ago. It looks like FTSE wants to keep rising

Right now, the only open position remains my Cable long from June 30th.

if it moves 10 pips higher, FTSE100 is going to trigger a bullish bell on my daily charts but I need to head out for most of the morning, so I've set a buy stop order at trigger level, which will most likely get filled.
Chinese indices lead the way, not the Dow (a sign of things to come?)

Will update in the evening

Good luck to all, happy trading, careful trading!

I am back Still long GBP/USD but I am about to open new positions

Indices: I am on the look out for SHORT entries. I decided not to place any stop-entry orders while away and so not risk a long on FTSE, even if it posts a bullish daily candle. This is because the Chinese indices, which per my observation are the ones leading the Western markets throughout this crisis (curious in itself, but a fact nonetheless) , are in an end-0f-trend exhaustion move on the daily charts.

For example, the China A50 index has broken out north into a spike above its rising channel. Such moves tend to be moves of exhaustion.

New entry: short USDJPY

Daily chart

Morning!

I have placed a sell stop order to be activated if FTSE100 drops below yesterday's low. The daily FTSE100 chart shows 5 bullish bells completed. Insane... but they are not high quality and I prefer to set a short trap. Hope it's not ME who gets trapped in it

Other positions still on:

GBPUSD long with profits now locked
USDJPY short - this one has barely moved so far

Hello guys.

Well not much has changed since last post.

I entered FTSE short on 3rd July and still short today. *twidling thumbs*tapping fingers on table(

I am still short USD/JPY

I am still long GBP from 1.2291 with 200 pips profits locked now, as today's move allowed me to raise my SL again.

No other positions atm.

Good morning.

Still in the same positions as yesterday.

What I expect today:

FTSE down to 6100ish by NY open (then possible reversal up for the day)
Cable up to NY open, the possible reversal down for the day
USDJPY no clue, probably still stuck in its narrow range of the past few days. BOJ manages it tightly

Update:

I have now exited my Cable long from June 30 for a profit of 260 pips