Live Trading the Currency Markets

[tradingwizzard 10]

Trade nr. 11 Going LONG EURJPY here in 131.82 for 133.50 tp sl 131.00

 

leg of a triangle on the 4h chart

[tradingwizzard 10]

just as a thought, I am looking for euro to be stronger against commodity currencies in the short to medium term, especially against nzd - strong pattern there, previous expanding triangle on the daily chart followed by a potential double three running now

[tradingwizzard 10]

ok guys, starting with October here

 

Trade nr. 1 Going LONG AUDCAD here in 0.9688 for 1.0000 tp sl 0.9563

 

trade is based on the last inversed head and shoulders pattern I posted on the head and shoulders thread

 

closing it here in 0.9828 for +40 pips profit.....it just doesn't work, consolidates too much and scenario invalidated

TW

[tradingwizzard 10]

Trade nr. 6 Going LONG EURCAD here in 1.3999 for 1.4079 tp and 1.3950 sl

 

ascending triangle on the 1h chart as you can see in the attachment

 

tp reached here for a nice +80 pips profit

[tradingwizzard 10]

Trade nr. 9 Going LONG GBPUSD hee in 1.6039 for 1.6430 tp sl 1.5750

 

why not?

 

closing it here in 1.6083 for +44 pips profit.......booking profits as it was mainly a scalp

[tradingwizzard 10]

here's the standing so far, not a pretty picture for October yet as the cadchf trade from early September got me a nice draw down:crap:

[MidKnight 12]

closing it here in 1.6083 for +44 pips profit.......booking profits as it was mainly a scalp

 

Hey TW, how you could say this was mainly a scalp when from the outset you had a TP of near 400 pips and SL near 300p - surely it was not opened with the intent of a scalp if you were going to use those initial TP and SL.....

 

With kind regards,

MK

[tradingwizzard 10]

Hey TW, how you could say this was mainly a scalp when from the outset you had a TP of near 400 pips and SL near 300p - surely it was not opened with the intent of a scalp if you were going to use those initial TP and SL.....

 

With kind regards,

MK

 

indeed you are right.....I wanted to say it became a scalp...

 

TW

[tradingwizzard 10]

Trade nr. 12 Going LONG GBPUSD here in 1.5984 sl 1.5750 tp 1.6430

 

industrial production came lower than expectations in UK but this is a service based economy so impact on gdp would be most likely soft.........technicals still point to the upside as what we're seeing on the 4h chart might be only an irregular flat.........new highs to come

[tradingwizzard 10]

Trade nr. 11 Going LONG EURJPY here in 131.82 for 133.50 tp sl 131.00

 

leg of a triangle on the 4h chart

 

looking good, looking good........staying for the final target

[tradingwizzard 10]

looking good, looking good........staying for the final target

 

133.50 target reached for a nive +168 pips profit:cool:

[safnur 10]

very good ,I appreciate that

[tradingwizzard 10]

Trade nr. 4 Going LONG USDCAD here in 1.0325 for 1.0443 sl 1.0187

 

reason for the trade is the inversed head and shoulders pattern attached

 

close it here in 1.0355 for +30 as it failed the target by only 30 pips...

[tradingwizzard 10]

still in negative for October

[tradingwizzard 10]

Trade nr. 13 Going LONG eurusd here in 1.3562 for 1.3603 sl 1.35

 

flat or contracting triangle on the 1h chart

[tradingwizzard 10]

Trade nr. 14 Going long EURJPY here in 133.27 for 133.72 tp sl 132.50

 

need 61.8% retracement after double combination on the 4h chart

[tradingwizzard 10]

Trade nr. 15 Pendings for SHORT EURUSD 1.3610 sl 1.3700 tp 1.35

 

more likely a contracting triangle then a flat, so looking for a dip retracement after 1.36

[tradingwizzard 10]

Trade nr. 14 Going long EURJPY here in 133.27 for 133.72 tp sl 132.50

 

need 61.8% retracement after double combination on the 4h chart

 

TP hit for +45 pips profit

[tradingwizzard 10]

Trade nr. 13 Going LONG eurusd here in 1.3562 for 1.3603 sl 1.35

 

flat or contracting triangle on the 1h chart

 

 

-62 on this one...:crap:

[tradingwizzard 10]

Trade nr. 15 - Going LONG EURUSD here in 1.3490 for 1.3806 tp sl 1.3440.....ending diagonal on the daily chart

[tradingwizzard 10]

Going Long gbpusd here 1.6036 sl 1.5850 tp 1.6510...

 

Strong cpi, strong jobs, lower usd...perfect storm

[tradingwizzard 10]

the trade above with cable would be trade number 16.....I lost the track for a while....

[Ammeo 10]

From a pure sentiment perspective I dont rly see how the USD negativity can get anymore bad than it has been the past two weeks with the shutdown and the Yellen nomination. On the other side EUR and GPB sentiment has been very good based on inflows into European equities and good Eurozone and UK sentiment indicators.

 

From this point on its back to data dependent tapering. Going into a two week space now where there is likely to be a massive backlog of data released, headlined by two NFPs from periods of time where claims have been very low.

 

End the gov't shutdown, raise the debt ceiling, one or two 200k+ NFPs, return to taper talk puts more pressure on Draghi to increase LTRO/rate cut rhetoric...

 

EUR seems fundamentally more likely to fall...

[tradingwizzard 10]

Trade nr. 15 - Going LONG EURUSD here in 1.3490 for 1.3806 tp sl 1.3440.....ending diagonal on the daily chart

 

eurusd making me extremely proud here

[tradingwizzard 10]

Trade nr. 15 - Going LONG EURUSD here in 1.3490 for 1.3806 tp sl 1.3440.....ending diagonal on the daily chart

 

closing it here in 1.3642 for a whooping +152 pips profit....kudos to the market