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Discovering An Edge

  • #1,001
  • Edited 4:03am Aug 24, 2015 3:52am | Edited 4:03am
EURCAD target 15270 current high 15255... will it do it? Moving up my stops to 15214

Chart below shows entry before Franky Open - relying on BB Mid as support and divergence on MACD
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD-5M.JPG Size: 165 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,002
  • Aug 24, 2015 4:02am Aug 24, 2015 4:02am
Quoting vlady1974
EURCAD target 15270 current high 15255... will it do it? Moving up my stops to 15214 Chart below shows entry before Franky Open - relying on BB Mid as support and divergence on MACD {image}
Stopped out +50
A pip is only worth it if you know how much you risked to earn it
  • #1,003
  • Aug 24, 2015 5:01am Aug 24, 2015 5:01am
Short NZDUSD 6567
Thanks to Ephisi for the headsup of this pair - I don't often trade this beast.

Edit: Target 6459
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD-4H.JPG Size: 210 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,004
  • Aug 24, 2015 5:02am Aug 24, 2015 5:02am
Quoting vlady1974
EURCAD target 15270 current high 15255... will it do it? Moving up my stops to 15214 Chart below shows entry before Franky Open - relying on BB Mid as support and divergence on MACD {image}
Frustrated when this happens.... I get stopped out (cos I went tight on stops).... then this happens.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCAD-5M2.JPG Size: 166 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,005
  • Aug 24, 2015 5:07am Aug 24, 2015 5:07am
Open trades USDSGD doing nicely.
NZDUSD short, SL moved to 6628
A pip is only worth it if you know how much you risked to earn it
  • #1,006
  • Aug 24, 2015 6:25am Aug 24, 2015 6:25am
Quoting vlady1974
Open trades USDSGD doing nicely. NZDUSD short, SL moved to 6628
Boom! Target hit +197.8 (2 lots)
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD-15M.JPG Size: 160 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,007
  • Aug 24, 2015 6:29am Aug 24, 2015 6:29am
Quoting vlady1974
{quote} Boom! Target hit +197.8 (2 lots) {image}
Don't know what caused that news spike on NZDUSD.... could be dollar related. Trying to find out.
A pip is only worth it if you know how much you risked to earn it
  • #1,008
  • Aug 24, 2015 6:31am Aug 24, 2015 6:31am
Quoting vlady1974
{quote} Don't know what caused that news spike on NZDUSD.... could be dollar related. Trying to find out.
who cares, really, you are in money, enjoy it
As Above, So Below
  • #1,009
  • Aug 24, 2015 6:36am Aug 24, 2015 6:36am
Quoting tashkent
{quote} who cares, really, you are in money, enjoy it
Hehe... you're right!

I have however, seen some headlines - it's Dollar. So I have closed the USDSGD longs for -20. Peanuts compared to possible volatility.
A pip is only worth it if you know how much you risked to earn it
  • #1,010
  • Aug 24, 2015 6:37am Aug 24, 2015 6:37am
Hmmm... Dollar falls... will want to see effect on Indices. I bet Stocks go up now.
A pip is only worth it if you know how much you risked to earn it
  • #1,011
  • Aug 24, 2015 6:55am Aug 24, 2015 6:55am
Quoting vlady1974
Hmmm... Dollar falls... will want to see effect on Indices. I bet Stocks go up now.
dollar depreciation does not always mean stocks will go up, sometimes stocks also fall altogather ...
As Above, So Below
  • #1,012
  • Aug 24, 2015 7:05am Aug 24, 2015 7:05am
Quoting tashkent
{quote} dollar depreciation does not always mean stocks will go up, sometimes stocks also fall altogather ...
Absolutely! You're right... I'm not married to the idea, just a default observation but I'm definitely flexible. Clearly something is going on and the markets can change behaviour at any time.

To me, it looks like EUR has finally woken up and Longs are favoured, based on Monthly view. I don't know who will be on the receiving end of this - even though USD is the logical currency, I think there will be new surprises this Fall.
A pip is only worth it if you know how much you risked to earn it
  • #1,013
  • Aug 24, 2015 8:26am Aug 24, 2015 8:26am
Have taken a small Long on USDSGD @ 14097
Attached Image (click to enlarge)
Click to Enlarge Name: USDSGD-5M.JPG Size: 167 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,014
  • Aug 24, 2015 8:34am Aug 24, 2015 8:34am
Quoting vlady1974
Have taken a small Long on USDSGD @ 14097 {image}
Targets: 14192, 14265
A pip is only worth it if you know how much you risked to earn it
  • #1,015
  • Aug 24, 2015 8:37am Aug 24, 2015 8:37am
Quoting vlady1974
{quote} Absolutely! You're right... I'm not married to the idea, just a default observation but I'm definitely flexible. Clearly something is going on and the markets can change behaviour at any time. To me, it looks like EUR has finally woken up and Longs are favoured, based on Monthly view. I don't know who will be on the receiving end of this - even though USD is the logical currency, I think there will be new surprises this Fall.
yes, whatever happens, we need to keep cool and be flexible. i think i wrote here (maybe a week or 2 weeks ago) about things changing. so the days have come
As Above, So Below
  • #1,016
  • Aug 24, 2015 9:23am Aug 24, 2015 9:23am
Quoting vlady1974
{quote} Targets: 14192, 14265
Closed. USDSGD just closed below the Trendline Breakout invalidating the signal.
Out -24
A pip is only worth it if you know how much you risked to earn it
  • #1,017
  • Aug 24, 2015 10:08am Aug 24, 2015 10:08am
Quoting vlady1974
Short NZDUSD 6567 Thanks to Ephisi for the headsup of this pair - I don't often trade this beast. Edit: Target 6459 {image}
Youre welcome buddy. Enjoy the pips
  • #1,018
  • Aug 24, 2015 10:46am Aug 24, 2015 10:46am
Long 2xEURUSD @ 11570
A pip is only worth it if you know how much you risked to earn it
  • #1,019
  • Edited 2:58pm Aug 24, 2015 2:47pm | Edited 2:58pm
Forgot to post this as I was leaving work tonight:
Short AUDJPY @ 8550.8, Target Open.

EDIT: Target 5208
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPY-5M.png Size: 98 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,020
  • Edited 5:22pm Aug 24, 2015 3:05pm | Edited 5:22pm
Short GBPNZD @ 24427
I am looking to build up on these shorts.
​
Edit: Addded 24448
A pip is only worth it if you know how much you risked to earn it
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