Amyc Trade Journal

80 pip swing low completed on aud at 8931. There is a possibility that it comes back into 8882 before moving up. My long at 8932 got triggered. Currently stops for all 8910.

stops moved up to 8920 for all positions, just below todays lows.

Aud has move up 80 pips off the lows and into Mondays daily highs at 9010. It will probably move back 40 pips from here, if it does I will add more long.

edit..if price starts to trade above the daily highs then I wouldn't touch shorts for the rest of monday except maybe a quick scalp

As soon as the 150ema crosses the 200sma on M15 I will be taking a long. According to the Stochs on this TF it will most likely follow your thoughts and return to the weekly pp before continuing higher. That should be a touch of the 150ema which would be just as it always does!

You have predicted today's trades on A/U flawlessly!

Thanks Marc, i have a buy order sitting down there though and if you knew my track record with getting orders hit you would know there is now not much chance of that happening.

Raised my buy order to 9004, there is still a good possibility the aud comes back 40 pips.

added long at 9012, still waiting to see if it can hit 9005

You got it! I added at 9012. Let's see how far this ride will go!

it may come back again during london, it did 9005 where my order was but 9004 was the number i was really after. looks bullish for now though.

I have decided to take part profits at 9054. This was really done for my own comfort level and to have banked some profit as it should continue up from here. Once price gets to 9070 which is the next 80 pip top there is a possibility of some retrace but I will hold my the rest of my longs through that. +124 pips.

Aud reversed 80 pips last night and into the midpoints at 8981. I had a buy order at 8990 which got triggered. This should continue and complete the 80 pip bar up at 9063, and then probably another bar up. Stops for all longs now at 8980.

The longs are struggling today, if it starts trading below todays low at 8996 I will close everything as it looks like it may want to revisit weekly pp.

edit decided to keep holding will let the stop take them out at 8980

stopped at 8980 for +50 -10 and -25 pips

I am shorting the euro at 1.2745. 4hr close under the midpoint at 1.2750 and daily low breakout from yesterday should see this move down into 1.2704 and then 1.2674. sl 1.2760. I am going to leave it and see if it can break these support areas and continue down. It doesn't look like it is going to complete the weekly highs this week, i was always a little sceptical of that which is why i didn't trade it long.
Also dx is completing a pattern which should see it back up into 85.

I had wanted to try a short on the aussie at 8994 with a 5 pip stop targting the weekly pp but it doesn't look like its going to get there.

140 pip swing low matches with 4hr low. There have been 3 140 pip bars down without a reversal so it wouldn't suprise me if it swung all the way back up to 1.2796. I hope not, I have set my stop to be and will just take what comes. If stopped I will look for a new entry around the 1.28 area.

looks like we are going down, if price can clear the daily lows at 1.2674 then I will look for somewhere to add to this trade and try and hold it down into 1.25 and 1.24. There are incomplete chart patterns from last week that will push price back down there at some stage in the near future.

40 pip bottom at 1.2678, this will probably push price back up into 1.2720. If you are bearish this is a possible sell point. Price still has to touch 1.2674 yet.

I have gone short aud at 8980. If this moves down and breaks the weekly pp I will add. The aud is a lesser probability short than the euro currently bc it is still above a lot of support levels, once it has broken the weekly pp and and then 8943 I will feel more comfortable with this trade. Also I think that the aud has more chance of reaching its weekly highs than the euro which are still much further up yet.

Closed all trades, eu at 1.2720 +25 pips and au at 8975 for +5 pips. Price action just doesn't feel right for a drop today.

Instead I have decided to long aud on the break of 8981. sl 8950. target open for now.