Market calls and Past reflexions

very close but Newcastle voted remain....

lovely trendline, would have normally been worth a buy but in the craziness of brexit it wasn't worth the risk...shame

Sometimes in Forex or any gamble you just kick yourself. Last night was an example of why I tend not to play the markets with gut feelings..

Although I get +50pips from quick EJ short I lost the profits on the buy, stopped out at 0
I took half profit on the GJ trade that was up about 450 pips at one point but lost the rest to 0
UJ trade that was up +150 hit SL of -40

....and then i hit multiple small buys in the GU as it went down....until i realized enough was enough and then started selling...anyway I ended up loosing the 350pips i gained earlier on the GU

what looked like a good week ended disappointed...still up on the week though

life has been busy, new house, holiday and business

but still trading. these are what i'm in on at the moment, all well in profit.




....hopefully i'll have more time to keep this journal fresh, we will see.

Hi Kraven, Long time No see. Good luck always with your trades.

Been hovering around but i found the fixation with forex was taking up to much of my time. Would make some good money following my rules, then go crazy on spur of the moment 'instinct' trading that would set me back. Hope your trading is going well Roels.

just an update before i hit the pool. all trades running well although some pullback today.


CJ up over +300



Just entered



GJ up over +300



UJ up about +380



UChf up about +130...quite a pullback today



...Possibly one for the future

more action tonight

possible TP and Reverse on CadJpy



ECad



GCad...maybe some false Cad strength on oil inventories



GU

CJ..still the same

EC..no movement

GC..+220.......SL tightened

GU..+120...SL tightened

.....and EA pending hit +55

with the BOE cutting rates it has bared well with a number of my entries..

GCad is over +300 pips.....if oil rallies and Brexit fears keep up i can see 1.65 beckoning

GU is up +120 pips

GJ up over +515 pips

...however my EG hedge is closing in on its SL (would be -120)


EU and UChf moved SL to guarantee +60 and +40
UJ still good +290
EA heading in the right direction..needs to close below 1.443 to really fall
ECad is +50 hopefully will close below 1.4500

OK ECad. it closed below and had a little 1.4500 rejection. now give me pips...

pretty much the end of the week. Cad data and good U.S data has moved the markets...

EU and UChf hit moved SL for +60 and +40

​....so its been another profitable week, below show the pips I have gained (remember i only use the MT4 demo platform for illustrations here.....it's also much easier for me to follow multiple bets.......in reality i use a spread betting platform for real trading......1 lot MT4 equals 1.00 British pound in my real trading, 0.50 lots equals 50p...so roughly 265 gbp profit.....just for transparency)




still running...

CJ has reversed -40

EG has pulled away from SL and is -90

GJ is up over +500

UJ is up over +320

ECad is down -51

GCad is up +178 (SL moved to lock in +115)

GU is up +150 (SL moved to BE)

below shows current positions in 'points'




EG did eventually hit its SL.
some profits taken on EA and GU...below is current the current weeks close $



....again these are for illustration only, I use a separate spread betting account for the actually trades which has no MT4 platform.

A lot of good trades continued to run this week. a few pending orders placed, but not as much action for me as last week.

have banked 306 quid so far this week with SL's moved locking in approx 940 pips. 1018 quid in current trades running.

number of trades have closed since yesterday. Nice surprise in the Aussie/USD trade as on the Meta trader i was taking out only is the higher spread it has , in my real Spreadbet account it is still running, so i was pleased to see that. Banked 340 gbp this week.

took a bunch of profit.

UJ half bet still running. Up +44 pips (SL at +290)

UChf took half at +144 pips half up +84 pips (SL at BE)

AU stopped at BE

ACad hit TP at +140 pips

GU half position still running up +207 pips (SL at +115 pips)

GJ left 20% of original bet to run, up +690 pips (SL at +515 pips)

GCad left 20% of original bet to run, up +600 pips (SL at +400 pips)

...not many signals for me this week. did a lot of scalping when i had the time but not really my thing.

slow week for entries..bets left running

currently +480 pips



quick one, up +160 pips...nearing TP



coming back, up +625 pips.......SL at +500 pips



up +560 pips



recent entry




currently banked 529 quid for the week