FX Trading Journal

A journal of my charts and thoughts on trading the major currencies.

Threads that I'm interested in and reflect my methodology, (basically supply & demand a la Seiden):

http://www.forexfactory.com/showthread.php?t=390673

http://www.forexfactory.com/showthread.php?t=311095

http://www.forexfactory.com/showthread.php?t=353037


I'm at the level of trying to piece all this stuff together to become a consistent and organised, disciplined trader...... which I'm not at the moment.

News sends kiwi smashing through previous supply, makes higher high.

84.75 big D1 Level.

Rock & Roll London session with the Euro ranging.

Buy order in @ 3274

This mornings trading:



Trade 1 long off demand level (range bottom), I'm a bit wary first thing on which direction things are going to go so I keep the stop tight, this is also 2nd time back to this level, stopped +5.

Trade 2 long again on a swap level, previous supply bailing out of their shorts. Original target was the top supply level, it came close so I bagged the pips early.

Trade 3 short order didn't play so I hit it at market. Again my target was that lower demand level but it went so well I just moved my stop up and inevitably got stopped.

Today everything would have hit target anyway.

Other stuff on the burner:

USDCAD reacting beautifully to S&D levels this morning too.



Kiwi order in up at those highs and a demand level that if broken could give a swap level.



Finally USDJPY collapsed last night, I've got a short order in @ 89.11 but I think I've missed the boat. (moving lower as I type)

USDCAD short trade.

Happy with this one as I wimped out of EURUSD this morning. Feels bloody good to hold to your target.



As I type EURUSD has thrown itself off a cliff.....