21 Currency Pairs vs 7 Currencies

Order:

Sell AUDCHF at 0.9590

SL 0.9640

TP 0.95ish

Exposure 0.5%

TP on AUDUSD at 0.9912 for 0.5% gain. Ill try to get inside the same trade one more time. Direction is known.

order: EURCAD at 1.2980
SL at 1.3080
TP at 1.283ish

exposure 0.5%

executed

well, I opened GBPCHF. Sell at 1.4894
SL 1.4959
TP 1.480ish

Exposure 0.5%

About My exposure technique - its not a right term but I like to speak as it is. I expose on a trade for x% and my gain is x%. Like to talk and show results on percentage as you can see it on the thread.

Many positive percentage to all.

According to plan...

closed gbpchf on BE. Dont like GBP last days

moved TP on EURCAD to 1.2856

closed EURCAD on 1.2871

AUDUSD and AUDCHF opened.

Unless you can give some defined rules as to why you enter your trades when you do, and why you exit when you do, this will stay in the journal section. If people can't do what you do, the readership will decline. No one wants to see what someone did after the fact. They want to see what you plan on trading before it happens, and why, along with exit points. Too many people claim great trades after they were made and throw in a few losers to make it look good. People can see on their own that GU or EU is a downtrend, and almost any short trade could be claimed as a success, for instance. Without you posting a defined system that others can copy, your thread will be stagnant.

Thanks, mate.
I agree about the rules. Story is, that I wanted to share this data cus I for myself dont really know what is the right reading of it. I just explain over this thread what currency is sold on the market. What moves I see on the results. The problem is, that nobody did have any opinion about it, I think that mass of traders are not ready to read the market as I see it. People only want to see the graphs.

About my posting of my trades. Uff! I have to say that every trade on this and every other thread was made and published the same time as it was done-or it was made a market order as I was away. That is why I posted also my orders in my chart. I never posted later on. Khm.

I agree also about defining the system. I think I should really define what is going on. Was hoping that others would be apart of this, but I see everybody needs a leader. But, like I said in the morning analysis - really dont know what else I can say.

http://www.forexfactory.com/showpost...1&postcount=40

moreover, maybe I will include tech analysis where I enter the trade.

what do you think, Any opinion?

Good morning to everybody,

in attachment we see results for europe trading.

Comparing to results before assia trading I can say, that EUR was still sold. We can still see a lot of GBP buying. USD very stable on the growth.
We can also see some CHF selling but nothing special.
CAD was still bought during the night. AUD resume on the pressure.

Picks for today:
Ill add sell AUDUSD
Ill pick buy signal over the day for GBP against AUD also. Technical details will be presented.

Hope that anybody can respond to this thread and results.

CADJPY long 83.28
CADCHF long 0.9686
AUDCHF Sell 0.9590
AUDUSD sell 0.9959

Today had order on:

USDJPY long 82.92

As we see, still trending on some crosses.

Il try to go in on GBPAUD-but latest GBP move was really strong. (IF) We will see engulfing pattern)dont really like this). Today I wont buy GBP. Ill try to sell GBP to CHF/JPY or USD - Always like this. Khm, Other pairs pretty solid on the P/L.

Didnt have opurtunity to add sell AUDUSD.

Closed AUDCHF on BE btw.

AUDUSD sell 0.9959 tp at 0.9886

closed my CADJPY on BE and USDJPY also. Just went down. Pretty upset that I did not take what I could got. Khm!

Im in right now on EURHCF short on 1.2535 (SL 1.2635 / TP around 1.24ish) and GBPCHF short at 1,5035 (SL 1.5135 / TP around 1.492ish). " positions on GBPCHF. Added on 1.5083, SL at 1.5135

Still in AUDCHF short.

The more I look at your chart, the more I can see the strengths and weaknesses of the currencies. Maybe you can insert an explanation of why you take the trades that you do when you do?

Yes, I agree that I should write down some rules. Still, I have to say that even I do not really know whats the 100% system out of this. Ill try to get 80% out of my number of trades and thats good enough for me. I am on forex floor every day through Europe session thats why ill try to concentrate on this time period. Still,I have open positions also over assia and US trading and also over the weekends.

21 currency pairs and 7 general currencies. Try to find weakest ones and sell them to the most bought ones on the market. As you all can see that the market is pretty volatile and that 100 pips move is not something special on any cross nowadays.
I only trade in trend direction. It gives me confidence on a trade and I like that. It gets me to sleep and statistically I can say that it pays off.

Firstly I would like to present 2 analysis which we work on and which are present here. First one is a signal chart (picture number 1) which has a general view on 7 currencies plus 21 crosses on which we can see also % of sell and buy signals and also the number of it. In general view there we can see which currency is bought mainly on this crosses. Signals are made by 5 EAs and they are trend signals. That means that they are showing trend, but they are also lagging.

If we see the report once a day we can see a difference on the percentage and we can conclude what is going on. Lets say today I posted signal chart before Europe trading and data for January. Signals changed before assia trading today : USD gained 4% on the board, also we can say that for AUD +6%. Our best losers are CHF - 5% and CAD -3%. Still, we have to acknowledge that trends are very strong and that they do not change over a day. As we can see EURUSD still sells 91% in January. EUR on the board did not gained substantially.

If we see particular crosses we can see that AUDCHF is now Buy signal 66% from Europe report (41%). Is this enough? Is there end of correction on AUD? or only on CHF?. On both? We really dont know. Still, we can see that something is changing. Still I dont believe that CHF said its last words in January that is why I have bought CHF from GBP and EUR earlier in a day.

GBP and EUR are the worst currencies on the market for last year. This is where second report comes in. This is an overview of the market change in the last hour or x hour. Its a general change of the market and it gives me an idea what is going on with the market prior Assia, prior Europe and through US. After I analyze signal chart I see this market report (picture number 2.) Again on the general I see which currency is bought in the last few hours and last few days. On a general currency info we can see that JPY is pretty stable in green. Also on days picture we can see pretty stable sight. On the other hand EUR is not really stable, gaining a bit - also in green but still under pressure as we saw it in signal report. AUD is also not a convincing currency at this point for me. Got inside AUDUSD three times now, victorious. Ill try to find a nice place in AUDJPY and short the bastard. Like CAD further more - still depends which cross. Wont bet on it on assia. CHF still under pressure, but I really hope that this trend s not over right now, cus i have 3 positions already. But it is seen pretty convincing on this picture. Still, Im betting on the W trend. We can also say that GBP is a pretty nice on the board. Dont like it till i dont see further buying of it. Also referring to W trend.


Then we move into technical analysis. Here I wanted traders to share their ideas. None were up to this. Still, I also have knowledge in this, i guess. I play only on orders cus I dont like the speed. I use MA, Candlestics patterns and price action. This is about it. Im waiting for some good indicators which can say in green and red and numbers where the market is destined. If somebody has anything good, pls share.

The last and most important thing. MM. I am going to take it a notch down and trade only 1% exposure. Ill risk 1 % per trade and this is it. I have about 5-12 trades per week and this suites me fine.

This is just a bit of it, hope it helps. PLs ask questions.

Have a nice evening, also with Assia

Morning people,

future looks bright and the golden years are about to begin.

I was really surprised on EUR power over Assia trading. EURAUD in particular. I had one pretty "dumb" order on EURAUD at 1.3039 and I opened another order at 1.3136. Both of my SL are at 1.3266. My BE is at 1.3087. Ill arrange and watch this pair closely. Waiting for some retracement to analyse it again.
On the other note: JPY was bought from EUR and GBP yesterday. GBPJPY was bought on 129.20 SL at 130.20 TP at 128.10. EURJPY was bought at 107.31 with SL at 108.31. Ill have my TP at 106.1ish.

Still hold position on GBPCHF and EURCHF.

As current situation does not look very optimistic, Ill rethink the trading idea. For now I stick to open positions.

As we can see that USD is still buying against other currencies. We can see a change in CAD trading, It is seen that CAD is still bought.
We can see JPY buying on the market. EUR still weak on this board.

Dont really like what I see on GBP crosses. On general a bit of selling of it, but still very stable on the buy side. Khm, GBPCHF cross pretty dangerous on my open positions. Really hope 1.51 will hold to the pressure. My BE is at 1.5059, Think that should be hitted at least.

Some info for 10.000 account.