A Rookie Dips His Toes

eurnzd has gone south. this is why I wont directly trade reversals in a live account. despite felix's performance

reversal
none new. eurnzd remains open at big loss

trend
GBPUSD, I left some on the table, but I entered based on short time frame. Didn't want to be greedy. Consolidating now flat. Waiting for breakout. Probably will happen while I sleep.

AUDNZD 4h short. It worries me that this is breaking historical lows. low trend seems about up. but maybe not yet.

reverse
eurnzd remains open. mostly flat on day
GBPCHF - maybe. hasn't been on a trend though. didn't respond to pin bar 3 days ago.

trend
EURUSD 1h long, needs further retrace. but it is a nice flat bottom triangle. will watch for breakout
GBPUSD 1h long. retrace is good here. pattern is a range. if one goes, both go. 1 only pick one if breakout occurs
USDCAD 1h short. in retrace. wait for break.

no new trades for now.

I'm not sure what just happened, but a couple of minutes ago EURUSD and GBPUSD along with many other pairs took off. For the EU GU it was in my trade direction. TP hit within 15 minutes, if I had a trade pending. thrust was so large that I am not entering now. Everything off until morning.

AUDUSD 1d short - breakout happened. now need retest and confirm. maybe tonight
USDCAD 1h short - broke retest and confirm last night. I want to enter by market. getting a "Off quotes" error. not sure what that is
AUDCAD 1D short - broke, now need retest

Yesterday followup
reverse
EURNZD - remains open, went positive today before falling again after hours
GBPCHF - would have been small positive now

trend
AUDUSD - perfect trend trade. all happened while I was at work.
USDCAD - went 50% of the way to tp before reversing. if I was on it would have closed 50% and be on 2nd half.
AUDCAD - retest never happened but shot to good profit.

New today
reverse
EURUSD. short. next level of sr too close
USDCAD. Looks setup. lets see if Felix saw it. he hasn't posted. and there is a trend signal. signals mixed staying out


trend
USDCAD. the last swing was small and showing reversal candle. staying out
everything else is in mid swing. need to wait for retraces.

no new trades.

followup
EURNZD reversal- sl
GBPCHF - NT reverse - half way to projected tp
EURUSD - NT reverse - would be small loss
USDCAD - NT reverse - no entry
USDCAD - NT trend - small profit

followup
GBPCHF - NT reverse - would have hit tp
EURUSD - NT reverse - would have hit sl
USDCAD - NT trend -



new
reverse
USDCAD - looks good, but it ignored the same type of pin bar yesterday
GBPAUD - this is from Felix. Doesn't look like a pin bar to me. But I see it bounced off a strong sr.

trend
none

followup
GBPAUD Reverse - slight negative

new
none

followup
GBPAUD reverse - still slight negative

new
reverse none

trend
EURAUD - Long D. this is opposite to the reverse trade above. sort of hedging. if it goes bad this one will go good and cancel. if it goes good this one won't trigger.
AUDNZD - Short 4H.

update: really bad day for ea's.
GBPAUD - reverse short - negative
EURAUD - trend long - positive (this one is hedging the GBPAUD).
AUDNZD - trend short - negative. think it may work out still, just early on entry.

honestly I should be careful of auds they are trying to make new high and lows for 3 years.
new
reverse - none
trend
JPY - just showing up on hour short trend, but looks about to reverse to long. no trade
UsdCad 1h short - look promising

followup
GBPAUD - reverse short - SL which means the hedge ...
EURAUD - trend long - hit tp. There was another 40 pips available but most momentum did slow at tp. it was a good tp.
audnzd - trend short - hit tp. Took almost everything the swing had to give. It was a good tp.
JPY - hour trend was broken.
Usdcad - trend short - no entry, cancelled

Trend trading continues to be very good for me. Reverse is not working. EAs are taking a bath.
new
EURUSD 4h long - I want to trade this but don't see the breakout. nt
Usdcad 1h short - entry isn't well defined now. nt

no new trades

followup
EURUSD trend 4h long - likely would have hit sl. good no trade.
USDCAD trend 1h short - either would be no trade or sl. good no trade.

New
Reverse
EURUSD - not the biggest pin bar. but maybe tradable. also reinforced by GBPUSD having a down day today that EU didn't follow yet. Lets see if Felix saw it. No felix to be found. I'll wait. don't like reverse trades much

trend
GBPJPY - 1h short. I don't like that EJ isn't showing a trend. well right now it is consolidating. no breakout. reassess in morning.
AUDJPY - 30m short, 1h short. Strong break out from 30m trend. no retest. possibly starting a retest on 1h. wait on this one. I don't like the short time frames
EURUSD - 4h long, s/r too strong above

followup
eurusd - reverse short - would be sl

new
reverse
none

trend
AUDUSD - short 30,1h,D - waiting for breakout. could see retrace from the daily if I trade the short time frame. nt
AUDCAD - short 1h, D. same as AUDUSD, nt
AUDNZD - short 30,1,4,d. same as above. nt
NZDJPY - short 1h, strong s/r at 78. want to break it first
EURNZD - long 1h, wait for breakout

followup -
AUDUSD - trend short 30,1,d - flat, retrace complete on 1h, 1D still has a ways to retrace
AUDCAD - same
AUDNZD - 1h retrace too far. still a ways to go for 1d
NZDJPY - still waiting
EURNZD - doesn't look so good now, retrace too far

new
EURAUD - 1h, 1d long - same as AUDUSD only flipped

no new trades.

followup
AUDUSD - trend 30,1,d - small swing would be still open at be
AUDCAD - be or open at small loss

new
reverse
gbpaud - the pin bar is kind of small and not at sr

trend
AUDUSD - 30m, 1h, 1d short - wait for be
NZDUSD - 1h short, wait for be
AUDNZD - 4h short. entered by market. First trade of August
EURNZD - 1h long. needs to break s/r

followup
gbpaud - reverse short nt - entry not hit
AUDUSD - 30m,1h,1d short - breakout happened b4 I went to sleep. I placed a pending order. right now small loss. am hopeful I survive today. think it will be next week before another big swing.
NZDUSD - 1h short nt. broke overnight. now showing decent profit.
AUDNZD - 4h short. small loss right now
EURNZD - 1h long nt. broke overnight. now showing decent profits

new
No new trades it's Friday. Actually I shouldn't have entered trades last night. Friday is profit day. Not a good day to enter trades for a trend style trade system. I ignored that on the two losing open trades.

I had a bad Friday. Lost 2 trends same day. In retrospect I shouldn't have traded them. 1) I was concerned about what AUD was doing. 2) I noted Daily needs to retrace. 3) It was Friday when big trends often reverse for profit taking. The week was still positive.

On and up.

new
trend
audusd 1h short. nt , 30 ma is flat. daily needs to retrace.
NZDUSD 1h short, nt, big gap short at open. normally gets covered in 24 hours.
EURAUD, 1h long, nt, wait for breakout and daily needs retrace

So I took steps today to get funds for a small live account. I'm a little nervous but really thinking of starting this for real. I am only going to trade trend style with the live account and start with 0.5% risk per trade.

followup
audusd 1h short - would have been sl
nzdusd 1h short - sl and gap covered (I think I am going to demo trading gaps)
Euraud 1h long. sl
good no trades this morning

new
reverse
GBPCHF
GBPCAD
nothing from felix on these. he's been a bit silent and trading another style in his explorer. not sure what he is doing now

trend
audcad 4H SHORT - flag on 4h, wait for BE. daily is well below trend. careful.

follow up
neither reverse triggered entry
audcad broke the wrong way. setup cancelled.

new
none

Followup
Gbpchf - just triggered
GbpCAD - same pin bar as yesterday. leaving pending order open

new
reverse
none

trend
AUDUSD short 1d - is retracing now.
EURAUD - long 4h, 1d, wait for be