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Discovering An Edge

  • #541
  • Jul 9, 2015 5:15am Jul 9, 2015 5:15am
Hi Folks,
Been unable to post any journal entries due to work reasons. Shitty work day yesterday - actually affected my trading -50 pips in total. Also has translated to today -30 on ECAD, when i was already in profit. Will post when i can. Green pips to all.
A pip is only worth it if you know how much you risked to earn it
  • #542
  • Jul 9, 2015 8:27am Jul 9, 2015 8:27am
Right. Back.
Sunny day.
Mood better.

Short EURUSD
Short EURCAD

Edit: Short EURJPY
A pip is only worth it if you know how much you risked to earn it
  • #543
  • Jul 9, 2015 1:11pm Jul 9, 2015 1:11pm
Quoting vlady1974
Right. Back. Sunny day. Mood better. Short EURUSD Short EURCAD Edit: Short EURJPY
Between these trades there was a building fire alarm drill, lines at Starbucks, a major system file corruption that I had to sort out asap.... and a mere 47 pips given the whiplash EURUSD did (100pip move).... and I thought putting in wide stops was enough to contain this beast..... got out by the skin of my teeth.
A pip is only worth it if you know how much you risked to earn it
  • #544
  • Jul 9, 2015 1:16pm Jul 9, 2015 1:16pm
EJ and GJ looking similar, although EJ has broken its TL. Projections from both trendlines show lower targets below. EJ daily low needs to be broken as my long term entry short. GJ may bounce, and even on break it will most likely retrace to trendline for "one last kiss".

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY-1D.JPG Size: 160 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY-1D.JPG Size: 165 KB
A pip is only worth it if you know how much you risked to earn it
  • #545
  • Jul 9, 2015 6:40pm Jul 9, 2015 6:40pm
Taking a Long UJ @12172
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 353 KB
A pip is only worth it if you know how much you risked to earn it
  • #546
  • Jul 9, 2015 8:28pm Jul 9, 2015 8:28pm
Quoting vlady1974
Taking a Long UJ @12172 {image}
i am in. 5 long positions
Attached Image (click to enlarge)
Click to Enlarge Name: Clipboard02.jpg Size: 121 KB
As Above, So Below
  • #547
  • Jul 10, 2015 1:22am Jul 10, 2015 1:22am
Quoting tashkent
{quote} i am in. 5 long positions {image}
That's awesome, great entries! Seems the delay in rate rises is being factored in.
A pip is only worth it if you know how much you risked to earn it
  • #548
  • Jul 10, 2015 1:29am Jul 10, 2015 1:29am
Had a bit of luck during Asian. Took a long EJ @ 13459.2 with target of 13539. I shaved a few pips off the original target by 3 pips.
 
Interesting that EJ, UJ and EU are all moving in same direction.
A pip is only worth it if you know how much you risked to earn it
  • #549
  • Jul 10, 2015 1:35am Jul 10, 2015 1:35am
EU is moving back up from the trendline break invalidating the long term short setup for the moment. Again, seems like EU, EJ and UJ are all in sync. Usually one of them is opposite.
A pip is only worth it if you know how much you risked to earn it
  • #550
  • Jul 10, 2015 1:49am Jul 10, 2015 1:49am
Long GBPAUD off the 15M tf @ 20620, target 20718
A pip is only worth it if you know how much you risked to earn it
  • #551
  • Jul 10, 2015 1:55am Jul 10, 2015 1:55am
50EMA BOARD
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 902 KB
A pip is only worth it if you know how much you risked to earn it
  • #552
  • Jul 10, 2015 1:57am Jul 10, 2015 1:57am
100EMA BOARD
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 911 KB
A pip is only worth it if you know how much you risked to earn it
  • #553
  • Jul 10, 2015 1:58am Jul 10, 2015 1:58am
200EMA BOARD
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 931 KB
A pip is only worth it if you know how much you risked to earn it
  • #554
  • Jul 10, 2015 2:36am Jul 10, 2015 2:36am
Quoting vlady1974
Long GBPAUD off the 15M tf @ 20620, target 20718
Closed for +55Although very close to target, am about to go underground and don't want to leave beans on the table.Also closed EJ long for +35 same reason
A pip is only worth it if you know how much you risked to earn it
  • #555
  • Jul 10, 2015 2:45am Jul 10, 2015 2:45am
Added to UJ longs
A pip is only worth it if you know how much you risked to earn it
  • #556
  • Jul 10, 2015 3:21am Jul 10, 2015 3:21am
Addidtional UJ and sneaky EJ long got stopped out. Open UJ in play.
Roughly +180 pips since 1am today... makes up for this week's 2 downer days.
A pip is only worth it if you know how much you risked to earn it
  • #557
  • Jul 10, 2015 3:45am Jul 10, 2015 3:45am
Long GBPUSD 15454 and GBPJPY 18872

Still trying to evaluate GBPAUD - it's previous target was reached.... can't recall if I traded this - probably not as unsure on GBP strength. But the impulse suggests quite strongly that the trend will continue higher (chart below) .

Attached Image (click to enlarge)
Click to Enlarge Name: GBPaud-1H.JPG Size: 201 KB


Edit: Just did a trendline on GBPAUD 1H. The breakout suggests target of 20986
A pip is only worth it if you know how much you risked to earn it
  • #558
  • Jul 10, 2015 3:54am Jul 10, 2015 3:54am
Quoting vlady1974
Long GBPUSD 15454 and GBPJPY 18872 Still trying to evaluate GBPAUD - it's previous target was reached.... can't recall if I traded this - probably not as unsure on GBP strength. But the impulse suggests quite strongly that the trend will continue higher (chart below) . {image} Edit: Just did a trendline on GBPAUD 1H. The breakout suggests target of 20986

Keep ROCKING Vlady... Good to see you back in full swing... hope you are enjoying the sun with beer... my pint is still pending..
  • #559
  • Jul 10, 2015 4:22am Jul 10, 2015 4:22am
Quoting tradeforlife
{quote} Keep ROCKING Vlady... Good to see you back in full swing... hope you are enjoying the sun with beer... my pint is still pending..
Cheers matey!
London is rocking! The pint is coming tonight You in London?
A pip is only worth it if you know how much you risked to earn it
  • #560
  • Jul 10, 2015 4:25am Jul 10, 2015 4:25am
Quoting vlady1974
Long GBPUSD 15454 and GBPJPY 18872 Still trying to evaluate GBPAUD - it's previous target was reached.... can't recall if I traded this - probably not as unsure on GBP strength. But the impulse suggests quite strongly that the trend will continue higher (chart below) . {image} Edit: Just did a trendline on GBPAUD 1H. The breakout suggests target of 20986
So currently have Longs on

GBPAUD
GBPJPY
GBPUSD
USDJPY

All SL to BE or above for beer money

Edit:

GBPAUD stopped out BE +0
GBPJPY target 19201
GBPUSD target 15567
USDJPY target 12358
A pip is only worth it if you know how much you risked to earn it
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