Buying discount currencies

So an experiment of sorts, i'm looking for pairs at +3month highs or lows, or at "extreme discount", $100 account, if it doubles ill keep going

potential sell for aud/usd and nzd/usd at yHigh (alert added)

example of a pair my broker doesnt have CHFHKD

missed usd/chf but jumped in, yvwap up at 8824

discount buying done now to see if any run, only stop at be is a/n all the rest are still at +50pips

dragging u/c to b/e as it had a dip and supported at 8450, if it dips again i guess it will be a clear out and so I might try re-enter at a better price, eyes on 8550 short Term

pulling e/nzd to b/e betting for a run back to volume , looks like selling might be exhausted but it hasnt moved up yet so longer it takes it might fall again as major news tonight




edit b/e stop taken out in chop

pulling a/n up higher as it had a dip and its above poc , looking to ride to mvwap 1.0940

interesting u/cnh at yLow , might watch to see if it gets a big push down for a cheap buy, but its cnh so who knows

limit buy moved down for e/nzd got to be some value down there

good luck if you need help you're most welcome

nice looking 1hr on e/nzd so im back in, sellers might be overrun, worst case we re-hit lows on a stop run and re-buy 1.760, but looking healthy so far

End of week remaining positions

up 6% for the week
equity $118

u/c 8470 held once so far, if it breaks will just have to give up on a run to 8650


a/u short run plan

one for the potential discount price book eur/gbp

retail sentiment to see which one works out

e/nzd getting a second look, if it fails again it might be worth a short but not my game




edit: out at 1.7772, could have held for 1.7800 but might be a long shot, could get chopped

FX speculators have thrown in the towel on dollar longs and switched to shorts, but this could well be terrible timing as the greenback usually climbs in September.
The speculative position - derived from net contracts of International Monetary Market speculators in the euro, yen, pound, Swiss franc, Canadian and Australian dollars - switched. For the week ending Aug. 27, the value of net positions held by speculators flipped to a $9.54 billion short from a $3.14 billion long a week earlier.
The USD index, which tracks the dollar against a basket of six major currencies, found a base on Aug. 27 at 100.51. The subsequent recovery could eventually probe the 101.926 Fibo, a 23.6% retrace of the 106.51 to 100.51 (April to August) drop. A break and daily close above the 101.926 Fibo would point to a positive September.
The dollar gained on Friday after U.S. data showed a key inflation measure came in line with forecasts, while personal spending and income increased, supporting expectations the Federal Reserve will likely cut interest rates by a smaller 25 basis points next month, instead of 50 bps.

closed out usd longs will look to re-enter , no positions, equity $124

either USD shoots up on no news or it falls back to vol and will look to re-buy if 101.2 looks decent

interesting liquidity target e/g , sellers might be worn out , if it moves fast will try push tp up




edit: shes moving up , like a snail. 8460 looks like a target but moving stop to b/e to see, if liquidity pops it should become support, if not stop will get run over




usd longs leaving the station without me, should/could have kept the u/c long in hindsight but alas, onto the next one