My forex trades
- This topic has 67 replies, 3 voices, and was last updated 12 years, 6 months ago by moneymonkey.
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- May 23, 2011 at 11:13 am #205746moneymonkeyParticipant
This is the start of my forex journals, I mainly use 1 hour and 4 hours chart to trade 6 major pairs (i.e. EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD and AUD/USD).
May 23, 2011 at 11:23 am #206183moneymonkeyParticipantAlso just cover my EUR short this morning make about 200 pips.
May 23, 2011 at 11:45 am #206181moneymonkeyParticipantSitting on the sideline for now since no pairs has a good entry point.
Looking for USD recover from low.
May 23, 2011 at 1:17 pm #206182moneymonkeyParticipantGot out of my CHF long this morning at scratch.
This position initiated last week, now 4 hour chart no longer looks good.
May 24, 2011 at 9:23 am #206180moneymonkeyParticipantShort GBP looking for retest of low.
This short is enter because GBP is still in down trend and price has pull back to moving average level.
May 24, 2011 at 9:30 am #206176moneymonkeyParticipantShort price on GBP is 1.6173
May 25, 2011 at 10:30 am #206177moneymonkeyParticipantStill holding on my GBP short.
Looking at price level at GBP/USD daily cheatsheet and notice that GBP is bouncing off current year 50% at 1.6070 current down trend may be over.
May 25, 2011 at 2:14 pm #206178moneymonkeyParticipant%#*% FXCM log me out for the whole afternoon.
I am unable to do anything about my position.
Now looking for a pull back to cut the whole thing, if can login again.
May 26, 2011 at 10:20 am #206179moneymonkeyParticipantCut my GBP short lost 130 pips and stay on sideline.
May 26, 2011 at 11:18 am #206175moneymonkeyParticipantLooking at next level cable short 1.6400 – 1.6450
May 26, 2011 at 12:25 pm #206174moneymonkeyParticipantSince one of my own rule is not to hold any forex position over weekend if possible, so I am done for the week.
May 31, 2011 at 9:56 am #206158moneymonkeyParticipantGo long AUDUSD at 1.0673 pull back hitting moving average, first target retest current week high.
May 31, 2011 at 4:28 pm #206159moneymonkeyParticipantWill add to my long AUDUSD if price goes down to weekly pivot and hit another moving average.
June 1, 2011 at 10:31 am #206160moneymonkeyParticipantOut of half of my AUDUSD position at 1.0740 with test of week high as expected.
Now the rest set break even stop.
June 1, 2011 at 12:25 pm #206161moneymonkeyParticipantShort USDCAD at 0.9730 looking for test of week low.
This trade is inline with the AUD long trade, I am betting against USD and looking for a strong gold bounce.
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