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21 Currency Pairs vs 7 Currencies

  • #161
  • Aug 30, 2011 12:29am Aug 30, 2011 12:29am
Quoting 21vs7

before a working day!!






1. overlevereging!!!


2. overlevereging!!!


3. no jumping in the position!!!



4. cash in!!!

...

let us begin:

open positions:

EURCAD S
GBPCAD S
AUDUSD S
GBPJPY B

GBPJPY 4/5 have some problems on GBPJPY so I decided to close my short positions and go long for now. Another test of 126,60 expected again and then will take my initial position of short on this pair.

GBPCAD is doing well for now. 1/5

EURCAD is around BE for now. 1/5

AUDUSD is also not going so well. 1/5 for now. Will monitor this pair for another loaded sell around 1,0750 level.

ORDERS:
USDCAD B order is waiting around 0,9715 level which is seen in my latest analysis.

Have a nice day!!
  • #162
  • Aug 30, 2011 12:59pm Aug 30, 2011 12:59pm
Quoting 21vs7

GBPJPY 4/5 have some problems on GBPJPY so I decided to close my short positions and go long for now. Another test of 126,60 expected again and then will take my initial position of short on this pair.

GBPCAD is doing well for now. 1/5

EURCAD is around BE for now. 1/5

AUDUSD is also not going so well. 1/5 for now. Will monitor this pair for another loaded sell around 1,0750 level.

OK, Closed EURCAD for 70 pips - will try to reload it higher.

Closed GBPCAD for around 100 pips there.

Still in a GBPJPY position - closed 2 short positions had going on over the the day.....now im only long on this pair. BE around 125.90


ough, still in AUDUSD.

No orders outstanding for now!

Happy pippin!
  • #163
  • Aug 31, 2011 3:49am Aug 31, 2011 3:49am
OK, I will take this as a pinbar in my supply area!

Now we have to see maybe a nice pinbar also on 1h candle (close in 15 minutes around 124,83) - or at least another test of 125 level. Otherwise we still have a 124,50 to break for SLs
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  • #164
  • Sep 1, 2011 12:30am Sep 1, 2011 12:30am

before a working day!!



1. overlevereging!!!

2. overlevereging!!!

3. no jumping in the position!!!

4. cash in!!!

5. get out!!!

6. end a day in green!!!

  • #165
  • Sep 5, 2011 4:49am Sep 5, 2011 4:49am

before a working day!!



1. overlevereging!!!

2. overlevereging!!!

3. no jumping in the position!!!

4. cash in!!!

5. get out!!!

6. end a day in green!!!

OK. Still holding my GBPJPY long position - think that this week everything will be revealed.

Also holding AUDUSD sell from last week.

Will report back as everything crystalises.


  • #166
  • Sep 6, 2011 3:49am Sep 6, 2011 3:49am
Still gbpjpy long myself...will have some orders on 133 to short and close this son of a bi!ch!
  • #167
  • Sep 7, 2011 1:56am Sep 7, 2011 1:56am
been in this trade for about two weeks now. Will hold it till further so.

My view on this pair did not changed dramatically.

We have a strong resistance and supply level around 122,20 to 123,20 on a weekly TF. Major trend is obviously down and we discussed this earlier before we opened position. Statement was focused on 124,50 resistance and on 123,20 which were all recognized also by the market. 123,20 now stands firm.

On a daily we can see a corridor of 123,20 and 125,10 where the market found its support. Trendline is chopping every attempt to reverse the position on this cross. Yesterday we had a 200 pip L to H movement and a close around the open which gives a sign of indecision on this pair. Till now, today we did not see a new low and we can see some buying GBP pressure around the table.

On a 4h graph we can see also resistance at 123,20. Next upside targer is around 124,20 level where again it should be a brave selliing pressure for a while(could be till next week). If we break 123,75 and hold on over that level for a few days we could see a major pressure to the upside and testing at least 125 and later on 127.

As said, downside pressure is substantial but we could see some nice levels of resistance here. The history suggests - the future will say!

Today we will see some data for GBP and JPY. Let us begin!!
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  • #168
  • Sep 9, 2011 7:14am Sep 9, 2011 7:14am
Quoting 21vs7
We have a strong resistance and supply level around 122,20 to 123,20 on a weekly TF. Major trend is obviously down and we discussed this earlier before we opened position. Statement was focused on 124,50 resistance and on 123,20 which were all recognized also by the market. 123,20 now stands firm.

On a daily we can see a corridor of 123,20 and 125,10 where the market found its support. Trendline is chopping every attempt to reverse the position on this cross. Yesterday we had a 200 pip L to H movement and a close around the open which gives a...

OK, was taking a while to get this close above 123,75 on this cross. 123.20 was a strong supply level! Now the obsticle on this cross is 124,20. We must get close above this level to trully attack 125 to break ag. 127.

Happy summer!
  • #169
  • Sep 12, 2011 12:40am Sep 12, 2011 12:40am
Quoting 21vs7
OK, was taking a while to get this close above 123,75 on this cross. 123.20 was a strong supply level! Now the obsticle on this cross is 124,20. We must get close above this level to trully attack 125 to break ag. 127.

Happy summer!

Closed GBPJPY SL for -100 pips there.

Only short positions for me from now on! Will report levels where I will short this beauty.
  • #170
  • Sep 12, 2011 2:03pm Sep 12, 2011 2:03pm
Everyone,

I decided to manage my trades also throu FF. Here is my link to my positions and my account.

I use some other broker and numbers but decided that will monitor my positions also on mt4, here.

Going to sleep-will report more tomorrow. Keep it up!!


http://www.forexfactory.com/21vs7#overview
  • #171
  • Sep 13, 2011 7:49am Sep 13, 2011 7:49am
People,

currently have this 3 positions open:

EURCAD S
CHFJPY B
AUDJPY S
  • #172
  • Sep 14, 2011 1:55am Sep 14, 2011 1:55am
Quoting 21vs7
People,

currently have this 3 positions open:

EURCAD S
CHFJPY B
AUDJPY S

Closed all crosses

70 eurcad
0 chfjpy
130 audjpy

open orders on the table

keep on rocking!!
  • #173
  • Sep 22, 2011 2:01am Sep 22, 2011 2:01am
People,

one of my orders here:

It should be placed already yesterday but was out drinking beer no worries - we will get to this corridor for sure in the upcoming weeks.

AUDCAD could test again 1,03 level. All around we will have a strong sell pressure and test of parity which will be broken.

Later test on a weekly is a 0,9820 level. If this level is beatean to death it means we will break also weekly trendline and later on it is a doomssss day for AUD (as suspected on a fundie basis from my behalf - MAYHEM for the next 6M at least!!)

On a daily we had last 2 days a really nice sell posibility at my entry position. Parity in sight! From AUG this year we have a support around 1,0050 level and we could have a bounce right there. The daily trendline was already broken and we are seeing selling pressure around the board (AUD). CAD on the other hand is also on a sell side ag (EUR,USD) so we have a neutral position for now! As USDCAD will be going up we could have an opurtunity to have a sell GO at the order position.

On a 4H TF we have 1,025 resistance level which could be tested again. We also have a 1600 MA around 1,01 level and we could see a nice breakout stuff also there. If we move with a price under this levels we could see some fundamental change on the market and a lot of selling pressure around the board. Hurray!

Let us begin
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  • #174
  • Sep 22, 2011 6:06am Sep 22, 2011 6:06am
People,

We are already 3 months to late - buying JPY.

2007-2008
_________

2011-2012
  • #175
  • Sep 29, 2011 1:55am Sep 29, 2011 1:55am
Bought 2 lots of Greek bond: GR0110021236

54.99 price
166% yield
maturity 20.3.2012

To the rescueee!

Will sell the bonds if there will be a greater panic on the market till the end of the year - still, really think I got a good price to get out with a minimum loss or a great bonus at the maturity!
  • #176
  • Oct 11, 2011 3:18am Oct 11, 2011 3:18am
People,

Sticking to the plan.

Really had some hard times last few weeks...just tilting in position opening. In the end I was exposed too much and holding positions till the madafaka closed me out as I was a fooking muppet in those trades. Still I am not trully a good trader. DISCIPLINE is my weakness and just dont know how to handle it.

Again I am on a day to day routine. And I am beating my fingers and sitting on my hands not to looad the position further after it goes against or in my direction. Foooking foool!!
  • #177
  • Oct 11, 2011 3:20pm Oct 11, 2011 3:20pm
Never really introduced my entry strategy and exit.

Never really talked about money management lately.

Will follow throu this in a few steps...


Last few weeks I have been experiencing a alot of TILTING going on in my trading. Was long 60k on the dragon and later was short thedragon for the same amont...also on USDCHF was really over my basket in the speculative way....was buying the shiiiit as it was the last price on the market....of course this pair will be trading around 0,95 in 3 months but to load up 20k in 10 minutes for a big exposure s a crazy thing.

Well, I have a big problem with discipline-I do it once a week at least-later i have to rescue the position as I best possibly can. Unbelievable!!!

Ok. Now I decided that the biggest position will be 5k. As I am writting this, I think I know that I am lying to myself....in the next or perhaps in this week I will load up this shiiiit as we speak. Jaoooo

Would really like to configure the platform that I cant buy more than 5k and cant have more than 10% drawdown....This would work out nicely!!

Ok-will work on daily and weekly basis.

While I was typing these and going out to my friends on hot wine a already establish EURUSD position. 4k-have already on BE at 1.3621+1

the vote in Slovakia made me close and cash in

Orders on the table and ..

Now I go to bed!

Have a good one,

Bye bye
  • #178
  • Oct 12, 2011 5:38am Oct 12, 2011 5:38am
I have issues about overlevereging my position every week. From now on I will work sistematicly to overcome this problem within next years. Will work on daily basis and will see my reward at the end of the week also on a pip side.

My experiance:

When I am TILTING and adding up exposure on every 2 pips in my or against my direction I am loosing my mind! Im just seeing the sudden move and I (in 99,99% trading against the direction) and adding and adding to better my BE! It is really interesting. Sign of a gamling problem? - Well perhaps, but will work on this in the future for sure. This is my biggest weakness in this bizznis - otherwise I consider myself a potential.

When I add so many positions that I can manage MarginCall for around 100 pips I start to ease the brain and think about the things I did. Really stupid of me. Catching a falling knife by 2 pips where the market will move at least 500 Pretty scary shiiit.

My solution to this problem I see in next few fundamental steps:

1. TRADING WITH ORDERS (1k-3k) SL around 20-40$)
2. NOT TRADING THE NEWS DIRECTLY (trading with orders)

And this is about it!! Pretty simple stuff really.

Yesterday already started with this principle and turned out well. Today I am doing solid right now. Should have been more - was long EURUSD and now it went up for 200 pips.

I see that if I develop this attributes I am going to trade the world. (in which floor would that be?)

Well let us start and continue with this.
  • #179
  • Edited 5:30am Oct 13, 2011 4:10am | Edited 5:30am
Potential:

We are finally seeing some rejection of a 1,3800-1,3860(SUPPLY) corridor from 15 September 2011. Then we saw a massive selling pressure from a 1,3930 resistance right to 1,3160. As seen this week we broken 1,3660-1,3720(DEMAND) corridon and we are now trading right above it. SUPPLY was greater that the bulls.

Scenarious:

1. We could see that the DEMAND level will hold and the bulls will prevail at least towards SUPPLY LEVEL. Another test of SUPPLY level till the end of the week.

2. We could see that DEMAND level will break and we could be heading at least to 1,3395-1,3460 to continue overall BEAR market (still).

I will try to collect all inside this DEMAND level. Later on will wait for PA to confirm first or second scenariou inside DEMAND area.
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  • #180
  • Oct 13, 2011 7:38am Oct 13, 2011 7:38am
Ok...closed sell position and reversed at 1,3725. I am seeinf corridor 1,3660-1,3720 to strong for now....On a buy side right now for another test of 1,38 level...
risking 22 pips
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