Owen's journal for my friends

buy N/U @0.6127
buy N/J @62.14
buy U/CHF @1.1452
buy U/CAD @1.1858

I bought AUD/JPY @ 70.67 but it's a long term trade. You can follow it if you want but I will let it run until it reaches several hundred of pips of profit.

good trading.

the NZD/USD trade was triggered and it already gave 14 pips net (I have 3pips spread on this pair) so you should have protect it, if not I advice you to close it now, it's safer.

profit for me +7pips

ps: you can also keep it as a carry trade if you want and if you have not leverage your trade.

if you have already followed the carry trade on aud/jpy you certainly have to close the N/J trade please.

I meant close the NZD/USD trade, sorry

NZD/JPY was also a good trade but I chose the NZD/USD because I have a good spread in this currency pair.

entries are no more valid s, good evening Europeans

There is nothing else to do than going with the trend. Everybody seems to close their carry trades to solve their liquidity problem. Here are my entries for today:

N/U short @ 0.6058
A/Y short @ 67.27
A/U short @ 0.6735
N/Y short @ 60.34
E/U short @ 1.2973

I don't have the time to make big analyse but I've seen that my order on A/Y was filled and is at +35 pips now, I will close it.

the AUD/USD was also filled earlier and made +56 pips

ps: all the other entries are no more valid s

the downside pressure is so strong that I've shorted the NZD/USD immediately @ 0.5945.

the correct entry was at 0.5986 but I'm afraid we'll miss a big down move if we are waiting.

If you waited for the correct entry you should be very happy! A first target is around 0.5880

if you are a day trader you should close the NZD/USD trade now (personally I'll keep it open) +72pips

As my N/U trade is still open (+117 pips now) I will probably not looking at other trades but for those who closed it yesterday here are possible entries for today:

sell G/U @ 1.6115
sell E/Y @ 124.76
sell U/Y @ 96.62

the move happened without any retracement so the entries are no more valid.
(btw my N/U trade is at +400pips)

I will leave you for 2 weeks of seminar (in Thailand ). Before these 2 weeks I would like to place a little trade in E/Y (short) as I strongly think that the downside pressure is not finished yet. I don't see any clear entry for the moment but it will be clearer after the opening of the Euro stock market, I'll let you know the exact entry price.

I don't have a lot of time to spend on FF to explain the system or to reply to questions and that's why I decided to post only in the journal section without any explanations. If some of you are interested in a more complete thread (that could be held in the trading system section for instance) you can pm me here on FF to see if we can do sth. so that someone could follow the system and post more live trades (as I'm missing half of the trades because of my business). This system requires some discretionary trading but the exact entry prices are determined technically so as soon as I'm posting the discretionary approach, the entries can be determined very easily by another member.
This could be for the benefits of the hole community.

short E/Y @ 114.25

attention the last entry is a swing trade with very small lots

short aud/jpy @ 62.86
s nsd/jpy @ 54.99
s eur/usd @ 1.2577
s eur/jpy @ 121.55

s aud/usd @ 65.10