Rat's Wallet Expansion Trading

yes I do ..

how about you ?

Yeah. I am in and out in a day however.

trade here long on crude @10090...

make a few hundred points. stop at 10010

Ive closed this trade now for @ 10220 for 130 pips.

Rat is currently

Long

EurUSD @12575 SL@12540

GBPUSD @15670 SL@15640

NZDUSD @8015 SL@7980

DOW @12840

RAT is SHORT

USDCAD @ 10155 SL@ 10210

Ok DOW is +100 now so I have the stop on that at break even.
The currencies are not moving apart from the NZDUSD
+50 so that stop is at break even.

Cable and EUro may have to be a bit more patient with.

Long 100.252 Sl 99.85. Risk 1%.
Trailed SL to 100.16.

Analysis are made on mt4, trades on fxtrade.

At the moment I'm sitting on

DOW +90 Stop at Breakeven
NZDUSD +40 Stop at Breakeven

USDACD +20 Stop at Breakeven


I'm happy keeping all these trades but have taken the stops off these
two trades below and will screen watch them and close them myself
If I feel these markets are going to reverse lower. Its a US holiday
today so I don't expect much. I'll be keeping these two trades so
you you can all see how I do

EURUSD +20
GBPUSD +5

Tommorrow we have rate news so these 2 pairs will spike around that's
why the stops have been taken off. If you have limited capital then don't do
this and close these 2 trades sometimes today for a small profit if possible
is my advice as they will get volatile!

Reason why I'm doing this overall markets are bullish so far this week


NZDUSD and AUDUSD much easier longs

Also same goes for EURJPY that Mike has suggested above.
That could get stopped out.





For now commodities are all bullish this week and Indices so this will help
these pairs.

Rattyo, very much possible.

I am also long eurgbp @0.80221 with trailed SL @0.8009 and
short gbpchf @1.4964 with trailed SL @ 1.4995.

I am not initiating new trades till next week due to the important news release coming.

As suspected GBPUSD EURUSD have taken a bit of a hammering but the
Indices and commodities have not moved much. These 2 are dragging down
my good trades so hopefully they will come back after the news.

So I would imagine these moves are pre news jitters


DOW is more or less unchanged from yesterdays close
NZD and CAD trades are still positive.

I've closed

GBPUSD -65
EURUSD -42

Don't like the look of them!!

The other trades are running well
decided to shut them down and trade
again monday when Non-Farm payrolls is
out the way.

DOW +107
NZDUSD +25
USDCAD +25

Ive only made 50 points but its better than nothing
to much potential news to spike all these points away
as well and Ill be looking at losses.

Well done.

Myself I got stopped out with eurjpy, -9 pips from an initial 40 pips (I like it better when I lose little ).

gbpchf and eurgbp still running, they are going nowhere (some time I think I should refrain trading the whole week of the Non-Farm Employment Change )

With the news coming potential interest rate changes for GBP and EUR today anything could happen.


DOW futures have weakened over night -50 so I am happy I closed all these trades.

This EU session will be looking for any sign of weakness on the DAX & FTSE
and may get in short.

Gold and Silver are possibly good for a short but will wait a bit before making a trade.

I find this extract from "Trading in the zone" interesting:

.....a psychological zone is not a condition you can will yourself into, the way you can will yourself into a feat of endurance. It is a state of mind you will find yourself in that is inherently creative, and usually if you start thinking about your actions at a rational or conscious level, you pop right out of it.

Decided to take a Crude LONG @ 8720 probably abandon this trade if it starts to creep below 8650

Decided to take a dax LONG @ 6591.3 This will possibly be a too lunchtime trade.
Indices are still looking strong..

Shouldn't have closed my DOW long !!!!

Don't like the look of the FX this morning don't look clear cut.
Pre news caution price not doing much.

But with Crude and metals on the rise as well as the DAX
FX should be risk on

shut the DAX long down for +8

Dont like the look of these markets
as the dollar seems to be firming up across the board
also Bonds as well.

I've closed this Crude trade now +30.