21 Currency Pairs vs 7 Currencies

I post results before US trading.

We can see weaker GBP on general. Still solid. We can also see a better buying of CHF in last few hours. This is pretty crucial for me, cus im in the GBPCHF sell position. Feeling confident about that.

What concernes me is JPY and AUD weakness. Im in both currencies long against EUR, but EUR on the market is looking better. We also see some crucial levels on some crosses. Ill try to get a hold of BE on EURAUD.

USD looks pretty solid also, as we can say for CAD respectively.

OK, pretty bad for me, got stopped out on GBPCHF, EURCHF and GBPJPY.

Still in EURAUD and EURJPY.

GBP and EUR strenght.

GBP and EUR strenght.

It is not a good day for me on trading floor I would say. Also open positions are not so promising. Still, I can say that from 8 straght positive weeks maybe this one is to make a challenging. Well, I wont try something stupid and triple the action. Lets slowly move on....

As I said a lot of GBP and EUR buying on the floor as we can see it. EUR gained on signal chart for about 5%, also CAD is pretty strong. We can say that GBP is gaining on the signals also (+1%).
JPY definitely a looser on general - 2%.

From the market report we can also say-CAD is the strongest currency on the market now. This is the fact and the whole week Im saying that I like CAD a lot. Damn man. OK, rethinking process.

Lets put it this way:

Strong: CAD, GBP

Weak CHF, AUD

Others: solid EUR, USD, JPY.

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Morning people,

well, yesterdays pre Assia projection was right. I have made a new table, that ranks the moves made to the time of analysis. It is all in the table. I will post my new orders shortly. Only in trend direction.

Interesting pairs:

B euraud
B eurchf
B gbpchf
B gbpaud
B cadchf
S audcad
_________________________________________________________________________________________________________________
ORDERS:

1. W vs S
AUDCAD short 0,9782 (DONE)
SL 0.9882
TP 0.96ish
0.5%

2. S vs W
GBPAUD buy 1.5774 (DONE)
SL 1.5674 -moved to BE
TP 1.5874
0.5%

3. W vs W

AUDCHF sell 0.9657 (DONE)
SL 0.9707 - Moved to BE
TP 0.9607
0.5%

4. W vs N

AUDJPY sell 82.32 (DONE)
SL 82.62 DONE
TP 82.02
0.65%

pictures below:

The Sun is shinning people

ORDERS:

1. W vs S
AUDCAD short 0,9782 (DONE)
SL 0.9882
TP 0.96ish
0.5%

2. S vs W
GBPAUD buy 1.5774 (DONE)
SL 1.5674 -moved to BE
TP 1.5874
0.5%

3. W vs W

AUDCHF sell 0.9657 (DONE)
SL 0.9707 - Moved to BE DONE
TP 0.9607
0.5%

4. W vs N

AUDJPY sell 82.32 (DONE)
SL 82.62 DONE
TP 82.02
0.65%

5. S vs W

CADCHF buy 0.9717
SL 0.9617
TP 0.9817
0.55%

6. N vs N

AUDJPY sell 82.97
SL 83.27
TP 82.45
0.51%

7. N VS N

EURAUD buy 1.3137
SL 1.3087
TP 1.3280
0.45%

8. S vs S

GBPCAD sell 1.5630
SL 1.5680
TP 1.5530
0.75%


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Interesting pairs:

B GBPCHF
B CADCHF
B EURUSD
S CHFJPY

Well, data for Assia stands

ORDERS:

1. W vs S
AUDCAD short 0,9782 (DONE)
SL 0.9882 DONE
TP 0.96ish
0.5%

2. S vs W
GBPAUD buy 1.5774 (DONE)
SL 1.5674 -moved to BE DONE
TP 1.5874
0.5%

3. W vs W

AUDCHF sell 0.9657 (DONE)
SL 0.9707 - Moved to BE DONE
TP 0.9607
0.5%

4. W vs N

AUDJPY sell 82.32 (DONE)
SL 82.62 DONE
TP 82.02
0.65%

5. S vs W

CADCHF buy 0.9717
SL 0.9617
TP 0.9817
0.55%

6. N vs N

AUDJPY sell 82.97
SL 83.27
TP 82.45
0.51%

7. N VS N

EURAUD buy 1.3137
SL 1.3087
TP 1.3280
0.45%

8. S vs S

GBPCAD sell 1.5630 DONE
SL 1.5680 DONE
TP 1.5530
0.75%

9. S vs W

GBPCHF buy 1.5322 DONE
SL 1.5292
TP1.5352 DONE
0.48%

10. N vs N

AUDJPY sell 82.73 DONE
SL 83.03
TP 82.43 DONE
0.6%

11. N vs S

USDCAD sell 0.9902 DONE
SL 0.9982
TP 0.9822
0.72%

1. W vs W

AUDJPY sell 82.97
SL 83.27
TP 82.45
0.51%

2. S VS W

EURAUD buy 1.3137
SL 1.3087
TP 1.3280
0.45%

3. N vs S

USDCAD sell 0.9902 DONE
SL 0.9982 Moved to BE
TP 0.9822
0.72%

4. S vs S
EURCAD sell 1.3220
SL 1.3270
TP 1.3170
0.35%

Morning people,

1. W vs W

AUDJPY sell 82.97
SL 83.27
TP 82.45
0.51%

2. S VS W

EURAUD buy 1.3137
SL 1.3087
TP 1.3280
0.45%

3. N vs S

USDCAD sell 0.9902 DONE
SL 0.9982 Moved to BE DONE
TP 0.9822
0.72%

4. S vs S

EURCAD sell 1.3220 DONE
SL 1.3270 DONE
TP 1.3170
0.35%

5. S vs N

GBPUSD buy 1.5810
SL 1.5760
TP 1.5870
0.25%

6. S vs N

EURCAD sell 1.3332 DONE
SL 1.3362 DONE
TP 1.3302
0.6%

7. S vs N

EURCAD sell 1.3365 DONE
SL 1.3415
TP 1.3315 DONE
1%
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I would like to remind you all that is the last day of second week trading in 2011. Maybe today is the time to secure the profits on the floor and that is why the market could be very choppy.

Assia was not very agressive.

As we can see, EUR still strong and also GBP. Khm, I putted CHF still in the weak zone but be carefull.

Discipline is the key which I do not prosper in...

OK, because of the practice of selling Strong against Neutral or Weak from my side I will have to work on the discipline here. The main focus will be REALLY only on putting orders mainly on S vs W and never opposite.

ORDERS AND DEALS

1. S vs W
2. S vs S / W vs W / N vs N
3. S vs N / W vs N

EXPOSURE

1. MAXIMUM ON EVERY SCENARIO IS 0.55%

TREND TRADING

I should walk the talk and trade only what I see and not against it. The results of the reports are precious and I should do an extended analysis every trading session. Put the recomended crosses on the charts and try to win the TREND.

example: EUR report was strong 2 days ago and Im still selling it. WTF? Well, instead of 1.5% at least I am 1.5% down on the PL. Read the report mate!

LOCKING IN THE PROFIT


As in my statistics in this week I see problem in not locking in the profit also. Khm, 4/4 trades where I put SL on BE were stopped out on BE. In reallity I could get at least 0.5 %. There is no way the market will give you half a procent for free. From now on, I will lock the profits regurarly.

1. W vs N
CHFJPY sell 86.01 DONE
SL 86.50
TP 85.50
0.225%

2. S vs W

EURCHF buy 1.2869 DONE
SL 1.2819
TP 1.2919
0.3%

OK, did some mathematics.

...percentage exposure in this table is rated for EUR crosses and for 10.000 EUR account. Or any other currency. But If you have EUR account its for EUR only. That is why when you trade CHFJPY the percentage is not right.
I calculated that on average the ratio for crosses which begin with primary currency as CHF, AUD, CAD, USD is around 0.75. Which mean that if I want to risk 0.3% of the EUR account on lets say CHFJPY, I must multiple it to 0.75. 0.3x0.75=0.225% Which means that I risk only 0.225% and not 0.3%
On the other hand, crosses that begin with GBP have ratio around 1.15. That means that when I wanna risk 0.3% on the table it means that I am risking 0.3x1.15=0.345%!

Have to be very carefull about this if we wanna be disciplined!

update

Are you using excel to do this or some other software, indicator

Right, also excel. At the end excel is the easiest tool to work some simple reporting.

People,