2019-01-25Several trades were closed out on the final day of the trading week and most were gains.
Trade #
203
Session Set
TOYOKO
Date Set
2019-01-23
Time Set
8:08:00 PM
Session Triggered
TOYOKO
Date Taken
2019-01-23
Time Taken
8:08:00 PM
Session End
NEW YORK
End Date
2019-01-24
Time End
11:12:00 AM
Long/Short
Long
Taken At Market
Y
Days Active
1.00
Hours Active
-0.37
Total Time Active In Hours
7.53
Pair
USD/CAD
Daily Range
110
Pip SL
45
PIP TP
80
R/R Ratio
1.777777778
SL % DR
40.91%
Entry Price
1.33439
TP Price
1.34247
SL Price
1.32997
H4 duck price
1.32785
H4 duck price 30 bars ago
1.32995
H4 duck price 60 bars ago
1.34750
H1 duck price
1.33291
H1 duck price 30 bars ago
1.32984
H1 duck price 60 bars ago
1.32762
M5 duck price
1.33399
H4 Duck
Strong slope lower, entry below duck
H1 Duck
Strong slope lower, entry below duck
M5 Duck
Entry above duck
Level taken explanation
Buying AM. Pair is bullish as seen by the H1 and the H4 ducks. Pair had made a failed attempt to get below the 1.333 range and was rejected with a H4 bullish engulfing forming. Thinking this pair is ready to make another move higher in direction of the trend.
Sl Placement
SL I below the huge engulfing candle from the earlier EURO session as well as the RTL and the two supports
TP Placement
TP is set much higher but at the resistance from December
Fundamental
Risks
Updates
Account Balance
391.57
Amount Risked $
3.91
Risked %
1.00%
$ Gained/Lost
-4.59
% Gained/Lost of trade
-117.39%
Gained/Lost % of account
-1.17%
Happened
Bought the pair after seeing the H4 engulfing in direction of trend. Air did move a but higher but ended up breaking down on CAD strength.
Improvements
Don’t think this was a bad trade at all. The trend was there, support a RTL and a candlestick pattern
Buying AM. Pair is bullish as seen by h1 and the h4 ducks. Pair has retraced to the support and the RTL and stalled. The candles at the support are showing wicks and I think this pair is ready to move higher
Sl Placement
SL is below the precious consolidation level from two days ago, below the RTL and the 1.295 support
TP Placement
TP is at the resistance from Dec 26th
Fundamental
Risks
Updates
Account Balance
394.68
Amount Risked $
4.00
Risked %
1.01%
$ Gained/Lost
3.59
% Gained/Lost of trade
89.75%
Gained/Lost % of account
0.91%
Happened
Bought pair in direction of the trend. Pair ran higher after stalling at the support and the RTL. Rejection wicks saw the pair run higher and I locked in the gains during the Asian session. Pair hit the ADJ SL before bouncing off the RTL and then eventually hitting the original TP
Improvements
Trend was good. Buying entry was great, based on good logic and after the retracement had occurred. Would have been nice to get the full TP amount but I didn’t want to give it all back to the market.
Buying AM. Pair is bullish as seen by all 3 ducks. Pair made a bullish pin bar off the support right before previous Toyoko session and looks to want to run higher. Pair is breaking the past resistance level and I think it is ready to move in direction of the trend.
Sl Placement
SL is below the EURO session support
TP Placement
TP is set at some consolidation from December
Fundamental
Risks
Updates
Account Balance
410.58
Amount Risked $
4.10
Risked %
1.00%
$ Gained/Lost
4.68
% Gained/Lost of trade
114.15%
Gained/Lost % of account
1.14%
Happened
Bought this during the US EURO overlap. Pair bad bounced off the 74.149 support in past Asian session which I missed at that time. Bought when the spike was occurring and price was breaking the previous swing high in direction of the trend. Pair almost hit the TP but I locked in gains near the end of the trading week and the pair hit the ADJ SL.
Improvements
This was a good trend that I bought into, it is a shame I missed the reversal during the previous Asian session because I could have got a lower price for this entry. Trend was good and analysis was good and it was good I locked in the gains and wasn’t greedy
Buying pair AM. Pair is overall bullish as seen by the H1 and the H4 ducks. Pair is in strong uptrend and bounced with a pin bar and a engulfing H1 candle off the RTL and the 61.8 fib. This is a bullish continuation candlestick pattern after the retracement so I think the pair is ready to run higher.
Sl Placement
SL is below the RTL, the swing support, candlestick pattern and the 61.8 fib
TP Placement
TP is at resistance from Nov
Fundamental
Risks
Updates
Account Balance
410.58
Amount Risked $
4.10
Risked %
1.00%
$ Gained/Lost
9.26
% Gained/Lost of trade
225.85%
Gained/Lost % of account
2.26%
Happened
Bought this in direction of the trend when seeing the pair retrace to the RTL and the 61.8 fib. Pair ran higher and hit the TP
Improvements
Good trend, good entry level backed up by the candlesticks, the fib and the RTL. Could have got more pips on this but still a good trade
Buying AM. Pair is bullish as seen by the H4 and the fresh slope on H1. Pair is running higher after making a failed attempt top break the RTL and a failed attempt to break under ,.74801 support. Thinking this pair is ready to make a run higher
Sl Placement
SL is below the swing support and the bullish candle and RTL
TP Placement
TP is at the next resistance
Fundamental
Risks
Updates
Account Balance
410.58
Amount Risked $
4.14
Risked %
1.01%
$ Gained/Lost
2.21
% Gained/Lost of trade
53.38%
Gained/Lost % of account
0.54%
Happened
Bought this pair after seeing the pair make a pin bar in the previous EURO session. Pair bounce off the RTL and the previous days EURO US high. Pair ran higher and I closed for a gain before end of week.
Improvements
Trend was strong on the H4, not so much on H1 but the entry was based on both the support, the RTL and the candlestick pattern. Good I took profits and wasn’t greedy. Overall a good trade.
Selling AM. Pair is bearish as seen by the H1 and the H4. Pair retraced and was rejected off the 1.5113 resistance and has since made a bearish engulfing candle lower. Thinking this pair is ready for a move lower.
Sl Placement
SL is above the 1.5113 resistance and the candle stick with the wick
TP Placement
TP is at the support
Fundamental
Risks
Updates
Account Balance
410.58
Amount Risked $
4.14
Risked %
1.01%
$ Gained/Lost
-4.04
% Gained/Lost of trade
-97.58%
Gained/Lost % of account
-0.98%
Happened
Sold this after seeing price bounce from the 1.5113 level. Pair came close to the TP but reversed and hit the SL. Price then fell back and hit the original TP.
Improvements
I think this was a bit of bad luck. My analysis on direction was correct my SL just couldn’t hold the volatility that occurred on this pair. I guess I could have placed the SL higher but it cleared the EURO US overlap swing at the beginning anyway but 4 pips so it would have been hard for this trade to not get stopped. A bit of bad luck on this one I think.
Buying AM. Pair is bullish as seen by the H1 while the H4 is actually flat which I noticed after buying. Pair however made a strong move higher followed by a retracement and then consolidated and made a bullish pin bar on the H1 in direction of the trend followed by a failed attempt at break back below .9042. Thinking this pair will return to the resistance at .907
Sl Placement
SL is below support and RTL
TP Placement
TP is close to the previous swing high
Fundamental
Risks
Updates
Account Balance
406.48
Amount Risked $
4.10
Risked %
1.01%
$ Gained/Lost
2.51
% Gained/Lost of trade
61.22%
Gained/Lost % of account
0.62%
Happened
Bought pair after seeing the pin bar rejection off the RTL in the EURO session. Was a bit late but it was the best I could do. Pair came very close to the TP but then reversed and I closed before the end of week.
Improvements
The trend on the h4 could have been stronger but the analysis on the trade was great.
Week 12 review. Good week for the system. The first half of the week was light on trades. The second half though was heavy because there were some good trends that had established and good opportunities with good risk to reward potential. GBP was a profitable long this week that I was able to take advantage of. I felt I was on the ball this week and was focused on taking setups that had a real good chance of being successful. Back above the psychological 400 level and approaching breakeven once again. No trades open heading into the next week. Completed 12 weeks on this system now, nearly 1/4 of the year.
Selling this pair AM. Pair is definitely in bearish trend lower. Sold this pair after seeing the price retrace to the FTL and make a bearish engulfing candle on the H1. Pair is actually above the H1 duck but this signal is a strong one that I don’t want to pass up. Pair also seems to have reversed off the 61.8 level.
Sl Placement
SL is above the FTL and the candlestick pattern.
TP Placement
TP is at support
Fundamental
Risks
Updates
Account Balance
431.04
Amount Risked $
4.31
Risked %
1.00%
$ Gained/Lost
-4.33
% Gained/Lost of trade
-100.46%
Gained/Lost % of account
-1.00%
Happened
Pair reversed and ran higher eventually hit the SL.
Improvements
I guess the entry wasn’t below the H1 but it was a very strong trend and that was a good bearish engulfing in direction of the trend. Id take this trade again.
Results 2019-01-29. Several trades closed today. All losses.
Trade #
218
Session Set
EURO US OVERLAP
Date Set
2019-01-29
Time Set
5:42:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-01-29
Time Taken
5:42:00 AM
Session End
NEW YORK
End Date
2019-01-29
Time End
8:11:00 AM
Long/Short
Short
Taken At Market
Y
Days Active
0.00
Hours Active
0.10
Total Time Active In Hours
1.24
Pair
EUR/GBP
Daily Range
79
Pip SL
20
PIP TP
45
R/R Ratio
2.25
SL % DR
25.32%
Entry Price
0.86712
TP Price
0.86262
SL Price
0.86912
H4 duck price
0.87609
H4 duck price 30 bars ago
0.88962
H4 duck price 60 bars ago
0.89781
H1 duck price
0.86657
H1 duck price 30 bars ago
0.86674
H1 duck price 60 bars ago
0.87098
M5 duck price
0.86872
H4 Duck
Strong slope lower entry below duck
H1 Duck
Entry actually above the duck
M5 Duck
Strong slope lower entry below duck
Level taken explanation
Sold this pair AM. Pair is bearish as seen by the H4. Pair rallied and stalled out at the FTL and the .8719 Resistance. Made a bearish H4 candle and looks to want to run lower in direction of the trend. Pair also bounced off the 38.2 fib
Sl Placement
TP Placement
Fundamental
Risks
Updates
Account Balance
417.53
Amount Risked $
4.25
Risked %
1.02%
$ Gained/Lost
-4.23
% Gained/Lost of trade
-99.53%
Gained/Lost % of account
-1.01%
Happened
Pair was sold after seeing the pair get rejected from the fib 38.2, the resistance, the FTL and created a bearish engulfing. Pair spiked higher instead and hit the SL.
Improvements
This trade was in a downtrend and did make a reversal pattern with many factors of confluence. I would take this trade again.
Sold the pair AM. Pair is overall very bearish and the pair made a run higher and engulfed on the H1. Thinking the pair is ready to head back in direction of the trend.
Sl Placement
SL is above the FTL
TP Placement
TP is before the support
Fundamental
Risks
Updates
Account Balance
426.66
Amount Risked $
4.25
Risked %
1.00%
$ Gained/Lost
-4.27
% Gained/Lost of trade
-100.47%
Gained/Lost % of account
-1.00%
Happened
Pair was sold AM. Pair seemed to have stalled at the resistance and the FTL that I originally calculated. Pair then rallied higher with a spike before moving in direction of the trend.
Improvements
I think the direction of this trade was good, the timing was just off. It was above the duck but I figured the setup was quite good and not worth passing up. I think my timing was off on this trade.
Took trade without realizing that the entry was below the duck
Level taken explanation
Bought AM> Pair is overall bullish in a very strong trend. The pair has fallen lower and stalled at the level of support and the RTL. Pair has made a inside bar pattern on the H1 This is also the 50 fib level.
Sl Placement
SL is below the support, fin, RTL and candlestick swing
TP Placement
TP is at the resistance
Fundamental
Risks
Updates
Account Balance
431.04
Amount Risked $
4.31
Risked %
1.00%
$ Gained/Lost
-4.58
% Gained/Lost of trade
-106.26%
Gained/Lost % of account
-1.06%
Happened
Bought the pair in the direction of the trend. Pair did move higher but stalled. Next day there was another big move higher which did come close to the TP but then reversed and crashed lower on risk aversion from the stock market.
Improvements
The trend was great and I think the entry was at a good level with some good candlestick patterns. There was even more the next trading day but sadly the risk aversion was too powerful. Id take this again though I think since it was based on a strong, trend, good entry and factors of confluence.
Bought AM. Pair is bullish as seen by the H1 and the H4 ducks. Pair retraced lower but has made pin bar at some support from previous months. Thinking the pair is ready for the next wave higher
Sl Placement
SL is below the RTL and the support and the candlestick
TP Placement
TP Is at the resistance
Fundamental
Risks
Updates
Account Balance
431.04
Amount Risked $
4.31
Risked %
1.00%
$ Gained/Lost
-4.39
% Gained/Lost of trade
-101.86%
Gained/Lost % of account
-1.02%
Happened
Bought the pair at the support level after seeing the pair sort of stall. Pair did go higher but then crashed lower on some risk aversion from some large bear candles on the stock market.
Improvements
The trend was strong on this. The pair also bounced off the level I had thought it just got pulled back by the risk aversion move. I don’t think this was that bad of a trade as there was more engulfing candles after entry in direction of the trend. Id probably take this trade again.
Sold this pair AM. Pair is bearish as seen by the H4. Pair rallied and stalled out at the FTL and the .8719 Resistance. Made a bearish H4 candle and looks to want to run lower in direction of the trend. Pair also bounced off the 38.2 fib
Sl Placement
TP Placement
Fundamental
Risks
Updates
Account Balance
417.53
Amount Risked $
4.25
Risked %
1.02%
$ Gained/Lost
-4.23
% Gained/Lost of trade
-99.53%
Gained/Lost % of account
-1.01%
Happened
Pair was sold after seeing the pair get rejected from the fib 38.2, the resistance, the FTL and created a bearish engulfing. Pair spiked higher instead and hit the SL.
Improvements
This trade was in a downtrend and did make a reversal pattern with many factors of confluence. I would take this trade again.
2019-01-31. 3 trades closed out today. 220 CAD/CHF was a gain. 221 NZD/CHF was a gain. 223 EURJPY was a loss.
Trade #
220
Session Set
EURO US OVERLAP
Date Set
2019-01-29
Time Set
5:52:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-01-29
Time Taken
5:52:00 AM
Session End
EUROPEAN
End Date
2019-01-30
Time End
3:08:00 AM
Long/Short
Long
Taken At Market
Y
Days Active
1.00
Hours Active
-0.11
Total Time Active In Hours
10.63
Pair
CAD/CHF
Daily Range
57
Pip SL
22
PIP TP
33
R/R Ratio
1.5
SL % DR
38.60%
Entry Price
0.74999
TP Price
0.75307
SL Price
0.74757
H4 duck price
0.74775
H4 duck price 30 bars ago
0.74396
H4 duck price 60 bars ago
0.73614
H1 duck price
0.74876
H1 duck price 30 bars ago
0.74742
H1 duck price 60 bars ago
0.74632
M5 duck price
0.74862
H4 Duck
Strong slope upwards entry above duck
H1 Duck
Strong slope upwards entry above duck
M5 Duck
Strong slope upwards entry above duck
Level taken explanation
Bought AM. Pair is in a uptrend on H1 and the H4. Pair made a bullish Pin bar off the RTL and looks to be ready to run in direction of the trend. Thinking this pair is ready for next wave higher. Also bounced off the 51.8 fib
Sl Placement
SL is below the support at .748 and the bullish H4 candle
TP Placement
TP is at the Resistance
Fundamental
Risks
Updates
Account Balance
417.53
Amount Risked $
4.17
Risked %
1.00%
$ Gained/Lost
5.81
% Gained/Lost of trade
139.33%
Gained/Lost % of account
1.39%
Happened
Pair was bought a but late in direction if the trend after seeing price reverse off the RTL. Pair initially fell but the recovered off the RTL and spiked way higher on CHF weakness.
Improvements
Entry was late but analysis was good, trend was good also. No way I could have got a earlier entry because I was sleeping during the signal.
Bought AM. This trade is a bit late but the pair is very bullish as seen by the H1 and the H4. Pair made a bullish pin bar on the H4 off the 50 fib and close to the support level. Pair rallied higher and broke above the .68 resistance and made a bullish pin bar off the support level on H1 so I think the pair is ready to keep moving higher
Sl Placement
SL is below the swing low, the Support and the pin bar on the H4
TP Placement
TP is at the next level of R
Fundamental
Risks
Updates
Account Balance
417.53
Amount Risked $
4.17
Risked %
1.00%
$ Gained/Lost
4.31
% Gained/Lost of trade
103.36%
Gained/Lost % of account
1.03%
Happened
Pair was bought in uptrend after seeing the H4 bullish pin bar form. Pair rallied higher after awhile and then the FOMC spiked it. I locked in gains and the pair hit the ADJ SL.
Improvements
Trend was good and the entry was also good. Pair was bought based off the bullish candlesticks that appeared. I locked in the gains to not give it all back because there was the channel top as well as the resistance which was proving to be very strong. I don’t think locking in gains was a bad idea. Good job on this trade
Buying AM. Pair is bullish and in a uptrend. Pair is staying above the RTL and ahs made a bullish H4 engulfing off the RTL in direction of the trend. Thinking the pair is ready to run higher
Sl Placement
SL is below the RTL
TP Placement
TP is at the RTL above.
Fundamental
Risks
Updates
Account Balance
410.07
Amount Risked $
4.13
Risked %
1.01%
$ Gained/Lost
-4.29
% Gained/Lost of trade
-103.87%
Gained/Lost % of account
-1.05%
Happened
Pair was bought after making H4 engulfing off the uptrend,. Pair did move higher but stalled at the resistance and made a bearish pin bar. Then fell lower after the DOMC and hit the SL.
Improvements
The trend was okay on this trend. I think the signal to buy was good and knew that the upcoming resistance might be an issue. It might have been fall out from the FOMC that pushed this trade below the RTL and hit the SL. Don’t think it was that bad of a trade though.
2019-02-01. several trades were closed today and most were good gains. 219 AUD/CHF big gain. 224 GBP/USD was a loss. 225 CAD/JPY was a huge gain. 226 CAD/CHF was a good gain. 228 NZD/JPY was a gain. 230 NZD/USD was a loss.
Trade #
219
Session Set
EURO US OVERLAP
Date Set
2019-01-29
Time Set
5:47:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-01-29
Time Taken
5:47:00 AM
Session End
NEW YORK
End Date
2019-02-01
Time End
1:12:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
3.00
Hours Active
0.31
Total Time Active In Hours
39.71
Pair
AUD/CHF
Daily Range
53
Pip SL
43
PIP TP
110
R/R Ratio
2.558139535
SL % DR
81.13%
Entry Price
0.71198
TP Price
0.72274
SL Price
0.70744
H4 duck price
0.71114
H4 duck price 30 bars ago
0.70856
H4 duck price 60 bars ago
0.69981
H1 duck price
0.71091
H1 duck price 30 bars ago
0.70913
H1 duck price 60 bars ago
0.70898
M5 duck price
0.71118
H4 Duck
slope upwards entry above duck
H1 Duck
Strong slope upwards entry above duck
M5 Duck
slope upwards entry above duck
Level taken explanation
Bought AM. Pair is bullish on the H1 and the H4. pair made a bullish pin bar off the H4 RTL and also the 61.8 fib and I think this pair is now ready to run higher.
Sl Placement
SL is below the pin bar, the RTL and the 61.8 fib
TP Placement
TP is the next large resistance
Fundamental
Risks
Updates
Account Balance
417.53
Amount Risked $
4.25
Risked %
1.02%
$ Gained/Lost
9.09
% Gained/Lost of trade
213.88%
Gained/Lost % of account
2.18%
Happened
Bought the bounce and pin bar off the RTL. Pair ran higher almost immediately and I locked in gains and tired to let it run. Ended up closing attend of the week to take profits and after noticing it ounce off the .7239 resistance
Improvements
Good entry. In line with the trend, good rejection from the RTL and the support level at .7094. Good job here at managing the TP as well as locking in the gains.
Actually sloping downwards but I noticed a huge bullish engulfing off the RTL which has proven difficult to break.
M5 Duck
Actually sloping lower
Level taken explanation
Buying AM. This pair is against the RTL which has proven very difficult to break. It has made a bullish pin bar on the H4 and a bullish engulfing n the H1. H4 is still in a strong uptrend and I think this pair is due for another run despite the H1 duck
Sl Placement
SL is below the swing support and the RTL
TP Placement
TP I s at the resistance
Fundamental
Risks
Updates
Account Balance
410.07
Amount Risked $
4.10
Risked %
1.00%
$ Gained/Lost
-4.31
% Gained/Lost of trade
-105.12%
Gained/Lost % of account
-1.05%
Happened
Pair was bought in the H4 uptrend as I saw price stall at the 1.3057 support and the RTL. Pair did move higher and came close to the TP but didn’t hit it. I also moved the TP up in case price ran. Price instead fell back down and then broke below the RTL and hit the SL. NFP happened and it was mixed and this pair remained outside of the channel.
Improvements
Trend on H4 was good. The H1 duck was pointing down… However it did make a bullish pin bar on H1 and bullish engulfing off on the H4 off the support and the lower channel bottom. A very bullish signal. Shame this trade didn’t work out but I really don’t think it was that bad.
Bought AM. Pair is in a bullish uptrend. Pair retraced to the FTL and stalled. Thinking that the price is making a bullish pin bar and will run higher
Sl Placement
SL is below the other RTL and the FTL and the support level
TP Placement
TP is at the next resistance
Fundamental
Risks
Updates
Account Balance
413.16
Amount Risked $
4.14
Risked %
1.00%
$ Gained/Lost
15.85
% Gained/Lost of trade
382.85%
Gained/Lost % of account
3.84%
Happened
Bought the pair on the retracement to the support and the FTL. H1 made a bullish pin bar and the H4 made a bullish engulfing, and bounced off the 38.2 fib. Pair ran higher off the supports and then spiked higher with the help of NFP. I moved the TP higher but price stalled at the original TP level. Then I closed at the end of the week.
Improvements
Good analysis on this trade. The trend was up and the pair was rejected at the supports. The NFP results were positive for the trade which is good fortune. Should have left the TP where it was though because the price had already sort of moved as much as it was going to once it had reached the TP. Good trade overall though.
Buying AM. Pair is in a bullish uptrend as seen by the H1 and the H4. Pair has rallied over the last few days and retraced to the support. Pair is against the support with a bullish pin bar forming. Thinking the pair will move higher
Sl Placement
SL is below the 3 levels of support
TP Placement
TP is at resistance
Fundamental
Risks
Updates
Account Balance
413.16
Amount Risked $
4.14
Risked %
1.00%
$ Gained/Lost
7.75
% Gained/Lost of trade
187.20%
Gained/Lost % of account
1.88%
Happened
Bought the pair in a uptrend after seeing pair retrace to the support level at .7549. Pair made a H1 bullish pin bar and failed to break the support. Pair then went sideways and launched higher in direction of the trend to the TP. I moved the TP higher and then ended up closing at the end of the week after seeing pair fail to break the next level of resistance.
Improvements
Entry was in a good trend and off a good signal. Pair failed to break the support and I saw continuation signal in direction of the overall trend. Moving the TP higher was not the best idea because the pair had already moved as much as it was going to for the day. Closing was probably a good idea because the pair had failed to break the .7613 resistance.
Buying AM. Pair is in a bullish uptrend as seen by the H1 and the H4. Pair has rallied over the last few days and retraced to the RTL. Pair is against the support with a bullish engulfing formed on H4 and a pin bar on the H1. Thinking the pair will move higher,
Sl Placement
SL is below the RTL
TP Placement
TP is at the next resistance
Fundamental
Risks
Updates
Account Balance
413.16
Amount Risked $
4.14
Risked %
1.00%
$ Gained/Lost
4.22
% Gained/Lost of trade
101.93%
Gained/Lost % of account
1.02%
Happened
Bought the pair after seeing price fail to break the RTL and support level and make a bullish pin bar off the support level and RTL. Pair moved higher with the direction of the trend and I ended up closing at the end of the week.
Improvements
Entry was in direction of the trend. Good entry level based upon a reversal off the supports. I guess I could have left this one open over the weekend but I will be looking to buy again if the opportunity presents itself.
Buying AM. Pair is bullish as seen by the H1 and the H4. Pair has just got the NFP out of way which was mixed but appears tp be creating a risk rally. Pair is moving higher with the news and has been rejected from the top of the channel as seen on the H1 chart. Thinking price is ready to run higher
Sl Placement
SL is below the RTL and the support
TP Placement
TP is set way higher near Jun highs
Fundamental
Risks
Updates
Account Balance
408.59
Amount Risked $
4.13
Risked %
1.01%
$ Gained/Lost
-4.34
% Gained/Lost of trade
-105.08%
Gained/Lost % of account
-1.06%
Happened
Bought this in the direction of the trend, pair was rejected earlier from the channel top and support level. Pair was on its way higher with there NFP out of the way and a risk rally created but then crashed lower and broke the supports and hit the SL.
Improvements
Waiting for the news to have passed was good. The mixed NFP results ended up pushing the USD stronger though and therefore this pair wasn’t able to move higher. I think the trade was a bit off since there was too much resistance in the way of the TP.
Week 13 review. This week saw the account balance fall to as low as 400 and then rally back higher in the later part of the week. Close to breakeven level again. I have 3 trades open which the sum is very close to breakeven. It was the GBP that I got hit on at the beginning of the week. The trend wasn’t continuing as I had predicted and I was stopped sadly. However the CAD and CHF is where I was able to pick up gains for the second part of the week. It was a tough one but I ended the week positive and closer to breakeven. 18 trades this week which is slightly more than 3 a day. 3 weeks of gains in a row now which is pretty cool and the longest streak since i started this 13 weeks ago.
Buying AM. Pair is in a uptrend as seen by the u upwards sloping H1 and the H4. Pair has failed several times to get below the 1.1421 level and is currently making a bullish pin bar on the H1. Thinking this pair will head higher. Also was rejected from the 50 fib
Sl Placement
SL is below the swing support from the previous day and the 50 fib and the 1.1421 support
TP Placement
TP is at the next level of resistance
Fundamental
Risks
Updates
Account Balance
410.07
Amount Risked $
4.13
Risked %
1.01%
$ Gained/Lost
-0.05
% Gained/Lost of trade
-1.21%
Gained/Lost % of account
-0.01%
Happened
Pair was bought off the support level at 1.1421 after seeing a pin bar. Pair almost hit the SL then launched way higher, I moved the TP up after the NFP and the pair ended up reversing and eventually being stopped at BE.
Improvements
The trend was good on this trade. I think where I went wrong was not reducing the risk after moving the TP higher. This could have been a gain but instead ended as a Break even trade. This could have been managed better.
Buying AM. Pair is bullish as seen by the ducks. Pair has been rejected from the RTL and made a H4 bullish engulfing candle. Thinking it is time to run higher. Also saw the pair bounce from 38 fib
Sl Placement
SL is below the swing support and the RTL
TP Placement
TP is at the next Resistance
Fundamental
Risks
Updates
Account Balance
408.59
Amount Risked $
4.13
Risked %
1.01%
$ Gained/Lost
-4.18
% Gained/Lost of trade
-101.21%
Gained/Lost % of account
-1.02%
Happened
Bought the pair after seeing the rejecting from the 38.2 fin in direction of the trend,. Pair went a bit higher but ended up crashing lower and then hitting the SL before launching way higher on from news.
Improvements
the entry was okay. Trend was good but I think that It would have been better to buy at a lower level. The rejection had already happened when I bought.
Buying AM. Pair is in a uptrend as seen by the h1 and the H4. Pair has bounced off the 79.27 is support level and made a bullish H1 engulfing. Thinking the pair will move higher to the TP
Sl Placement
SL is below the support from the whole trading day
TP Placement
TP is at the next resistance
Fundamental
Risks
Updates
Account Balance
440.57
Amount Risked $
4.40
Risked %
1.00%
$ Gained/Lost
-4.59
% Gained/Lost of trade
-104.32%
Gained/Lost % of account
-1.04%
Happened
Bought the pair after seeing the bullish pin bar off the support level. Pair went sideways then spiked lower before launching higher
Improvements
Trend was good. I think the entry signal was good, it was a pin bar off the support line. Real shame for that spike lower because this totally would have been a gain. Not sure how I can do better on this. Just kind of unlucky.
Buying AM. Pair is in a bullish uptrend as seen by H1 and the H4. Pair has broke the 143.474 resistance, retested it and rejected breaking a bullish pin bar on H1 and the H4. Thinking pair will run higher in direction of the trend.
Sl Placement
SL is below the EURO and Asian Lows.
TP Placement
TP is at the next resistance
Fundamental
Risks
Updates
Account Balance
436.37
Amount Risked $
4.30
Risked %
0.99%
$ Gained/Lost
-5.11
% Gained/Lost of trade
-118.84%
Gained/Lost % of account
-1.17%
Happened
Bought pair after the bullish rejection from the support level. Pair ran higher and came close to the TP but reversed and fell to the SL.
Improvements
I think the entry was good on this. Strong trend and a rejection move that almost hit the TP. Kind of a shame but id probably take this trade again.
2019-02-05. 231 EUR/JPY and 237 EUR/NZD are both losses.
Trade #
231
Session Set
TOYOKO
Date Set
2019-02-03
Time Set
4:45:00 PM
Session Triggered
TOYOKO
Date Taken
2019-02-03
Time Taken
4:45:00 PM
Session End
TOYOKO
End Date
2019-02-05
Time End
6:28:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
2.00
Hours Active
0.07
Total Time Active In Hours
24.86
Pair
EUR/JPY
Daily Range
97
Pip SL
42
PIP TP
84
R/R Ratio
2
SL % DR
43.30%
Entry Price
125.49100
TP Price
126.31300
SL Price
125.05300
H4 duck price
124.72000
H4 duck price 30 bars ago
124.36200
H4 duck price 60 bars ago
124.42800
H1 duck price
124.97300
H1 duck price 30 bars ago
124.99000
H1 duck price 60 bars ago
124.95900
M5 duck price
125.44500
H4 Duck
slope, entry above duck
H1 Duck
Beginning a new slope after last weeks NFP. Entry above duck
M5 Duck
Entry at duck
Level taken explanation
Buying AM. Pair is overall bullish as can be seen by H4. Pair made a strong move higher last week on the NFP and has now started the new week by falling back to the 125.3 support. Pair has made a bullish engulfing off the support level and I think the pair will be able to hold the 125.3 level
Sl Placement
SL is below the Support and the RTL
TP Placement
TP is double SL
Fundamental
Risks
Updates
Account Balance
440.57
Amount Risked $
4.40
Risked %
1.00%
$ Gained/Lost
-4.59
% Gained/Lost of trade
-104.32%
Gained/Lost % of account
-1.04%
Happened
Bought the pair on the bounce to the 125.331 level. Pair did move higher but ended up crashing back lower and hit the SL.
Improvements
I think the trend on this one was good. I think the entry was good also. I guess just not all of them work out. The pair had both the support at 125.33 and the RTL that broke down which is surprising.
Duck is sideways, looking like it wants to resume its slope lower and entry is below it.
M5 Duck
Strong slope lower entry below duck
Level taken explanation
Selling AM. Pair is bearish as seen by the H4 duck. Pair has made a bearish pin bar on the H1 and is heading lower as a result. Thinking this pair is ready to make a wave lower in direction of the overall trend.
Sl Placement
SL Is above the swing resistance and the 1.6563 resistance as well as the pin bar
TP Placement
TP is set based on historical support`
Fundamental
Risks
Updates
Account Balance
426.43
Amount Risked $
4.26
Risked %
1.00%
$ Gained/Lost
-4.25
% Gained/Lost of trade
-99.77%
Gained/Lost % of account
-1.00%
Happened
Sold the pair on a weak sort of pin bar. Pair did move lower but then spiked higher and hit the SL on risk aversion.
Improvements
The H4 trend was strong but the H1 was kind of weak. The pair was in a downtrend but up think the entry might not have been the best. It was after a wave lower and the signal was kind of weak.
2019-02-06. More losses today sadly. Mostly burned on the NZD.
Trade #
235
Session Set
TOYOKO
Date Set
2019-02-04
Time Set
9:28:00 PM
Session Triggered
TOYOKO
Date Taken
2019-02-04
Time Taken
9:28:00 PM
Session End
TOYOKO
End Date
2019-02-05
Time End
9:57:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
1.00
Hours Active
0.02
Total Time Active In Hours
12.24
Pair
NZD/USD
Daily Range
76
Pip SL
35
PIP TP
50
R/R Ratio
1.428571429
SL % DR
46.05%
Entry Price
0.69014
TP Price
0.69499
SL Price
0.68649
H4 duck price
0.68368
H4 duck price 30 bars ago
0.67762
H4 duck price 60 bars ago
0.67750
H1 duck price
0.68981
H1 duck price 30 bars ago
0.69009
H1 duck price 60 bars ago
0.68630
M5 duck price
0.68892
H4 Duck
Strong slope upwards entry above duck
H1 Duck
Duck is actually pointing lower but entry is above it.
M5 Duck
Strong slope upwards entry above duck
Level taken explanation
Buying AM. Pair is in a H4 bullish uptrend. Pair has approached the support and the RTL and made a strong bullish engulfing candle off. This was fueled by AUD news and so I am not worrying that the H1 duck is actually pointing lower. The bounce level was close to the 61.8 fib level. Thinking this pair is ready to make the next wave higher.
Sl Placement
SL is below the support, the RTL and the 61 fib
TP Placement
TP is at the next resistance
Fundamental
Risks
Updates
Account Balance
426.43
Amount Risked $
4.26
Risked %
1.00%
$ Gained/Lost
-4.46
% Gained/Lost of trade
-104.69%
Gained/Lost % of account
-1.05%
Happened
Bought the pair on the bounce from the RTL after seeing the pin bar. Pair went sideways then broke down and hit the SL during the Trump speech
Improvements
Uptrend was sto4rng as seen by the H4. the H1 had turned bearish but there was a strong reversal pattern off the RTL and the support which was a good signal. I guess the trump speech and the AUD news event was a risk that didn’t work the right way for this trade and was untimely what caused it to hit the SL.
Trade #
236
Session Set
TOYOKO
Date Set
2019-02-04
Time Set
9:39:00 PM
Session Triggered
TOYOKO
Date Taken
2019-02-04
Time Taken
9:39:00 PM
Session End
TOYOKO
End Date
2019-02-05
Time End
11:50:00 PM
Long/Short
Short
Taken At Market
Y
Days Active
1.00
Hours Active
0.09
Total Time Active In Hours
13.09
Pair
EUR/CAD
Daily Range
107
Pip SL
40
PIP TP
65
R/R Ratio
1.625
SL % DR
37.38%
Entry Price
1.49806
TP Price
1.49156
SL Price
1.50206
H4 duck price
1.51001
H4 duck price 30 bars ago
1.51220
H4 duck price 60 bars ago
1.51675
H1 duck price
1.50139
H1 duck price 30 bars ago
1.50596
H1 duck price 60 bars ago
1.51209
M5 duck price
1.49938
H4 Duck
Strong slope lower entry below duck
H1 Duck
Strong slope lower entry below duck
M5 Duck
Strong slope lower entry below duck
Level taken explanation
Selling AM. Pair is bearish as seen by the H1 and the H4 ducks, Pair has stalled at 1.5 resistance level and has made 2 bearish engulfing on the H4. Thinking this pair wants to move lower
Sl Placement
SL is above the FTL and the 1.5 resistance
TP Placement
TP is at the support
Fundamental
Risks
Updates
Account Balance
426.43
Amount Risked $
4.26
Risked %
1.00%
$ Gained/Lost
-4.24
% Gained/Lost of trade
-99.53%
Gained/Lost % of account
-0.99%
Happened
Sold the pair in the downtrend after seeing the pair stall at the resistance level and make bearish engulfing candles. Pair did move a big lower but ended up bouncing and went sideways, trump news came out and caused this pair to spike higher on risk aversion,. Pair hit the SL
Improvements
I think the entry was fine, could have been at a higher level I suppose. I guess the trump speech and the AUD news event was a risk that didn’t work the right way for this trade and was untimely what caused it to hit the SL.
Trade #
239
Session Set
EURO US OVERLAP
Date Set
2019-02-05
Time Set
5:59:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-02-05
Time Taken
5:59:00 AM
Session End
TOYOKO
End Date
2019-02-05
Time End
10:10:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
0.00
Hours Active
0.67
Total Time Active In Hours
8.09
Pair
CAD/CHF
Daily Range
57
Pip SL
20
PIP TP
25
R/R Ratio
1.25
SL % DR
35.09%
Entry Price
0.76173
TP Price
0.76402
SL Price
0.75952
H4 duck price
0.75260
H4 duck price 30 bars ago
0.74773
H4 duck price 60 bars ago
0.74406
H1 duck price
0.75993
H1 duck price 30 bars ago
0.75751
H1 duck price 60 bars ago
0.75411
M5 duck price
0.76315
H4 Duck
Strong slope higher, entry above duck
H1 Duck
Strong slope higher, entry above duck
M5 Duck
Duck is mostly sideways, entry is below it.
Level taken explanation
Bought this AM. Pair is at a level of support as well as a RTL. Pair is in a strong uptrend as seen by the H1 and the H4. Pair has made a big pullback and stopped at the 61.8 fib. Thinking that this pair might have had the pullback required to be able to continue higher,.
Sl Placement
SL is below the support, the 61.8 fib as well as the RTL.
TP Placement
TP is at the resistance
Fundamental
Risks
Updates
Account Balance
426.43
Amount Risked $
4.20
Risked %
0.98%
$ Gained/Lost
-4.66
% Gained/Lost of trade
-110.95%
Gained/Lost % of account
-1.09%
Happened
Bought the pair in the uptrend after it fell to the RTL. Pair did make some bullish pin bars but went sideways. Pair then spiked lower on risk aversion due to trumps speech and hit the SL,.
Improvements
I think the entry on this was good. Strong uptrend and I bought after a pullback. I guess the trump speech and the AUD news event was a risk that didn’t work the right way for this trade and was untimely what caused it to hit the SL.
Trade #
238
Session Set
EURO US OVERLAP
Date Set
2019-02-05
Time Set
5:45:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-02-05
Time Taken
5:45:00 AM
Session End
AUSTRAILIAN
End Date
2019-02-06
Time End
1:45:00 PM
Long/Short
Short
Taken At Market
Y
Days Active
1.00
Hours Active
0.33
Total Time Active In Hours
16.00
Pair
GBP/NZD
Daily Range
187
Pip SL
130
PIP TP
170
R/R Ratio
1.307692308
SL % DR
69.52%
Entry Price
1.88323
TP Price
1.86624
SL Price
1.88962
H4 duck price
1.91182
H4 duck price 30 bars ago
1.91695
H4 duck price 60 bars ago
1.89529
H1 duck price
1.89376
H1 duck price 30 bars ago
1.89591
H1 duck price 60 bars ago
1.90560
M5 duck price
1.88779
H4 Duck
Strong slope lower entry below duck
H1 Duck
Strong slope lower entry below duck
M5 Duck
Strong slope lower entry below duck
Level taken explanation
Selling AM. Pair is bearish as seen by the H4 and H1 charts. Pair made a bearish pin bar on the H4 twice off the resistance level. This pair seems to be following the FTL lower and I think its ready to make the next run lower.
Sl Placement
SL is above the 1.885 resistance and the FTL and also the swing resistance
TP Placement
TP is at the next support
Fundamental
Risks
Updates
Account Balance
426.43
Amount Risked $
4.20
Risked %
0.98%
$ Gained/Lost
-4.14
% Gained/Lost of trade
-98.57%
Gained/Lost % of account
-0.97%
Happened
Sold the pair in a bearish downtrend after seeing the pair make a bearish engulfing lower in direction of the trend. Pair moved a bit lower but then stalled and reversed on trump talks causing risk aversion. Pair ran higher and eventually hit the SL after the NZD news came out bad.
Improvements
Well I think the trend was fine. I was hit on two news events on this, the trump talks causing risk aversion and the NZD news being bad for NZD. I guess the entry was a bit late but I was not awake during the initial bearish engulfing candle. I don’t know, maybe a bit of bad luck on this one.
Trade #
240
Session Set
EURO US OVERLAP
Date Set
2019-02-06
Time Set
5:38:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-02-06
Time Taken
5:38:00 AM
Session End
AUSTRAILIAN
End Date
2019-02-06
Time End
1:45:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
0.00
Hours Active
0.34
Total Time Active In Hours
4.06
Pair
NZD/CHF
Daily Range
56
Pip SL
20
PIP TP
50
R/R Ratio
2.5
SL % DR
35.71%
Entry Price
0.68555
TP Price
0.69030
SL Price
0.68330
H4 duck price
0.68213
H4 duck price 30 bars ago
0.67439
H4 duck price 60 bars ago
0.66981
H1 duck price
0.68752
H1 duck price 30 bars ago
0.68700
H1 duck price 60 bars ago
0.68635
M5 duck price
0.68527
H4 Duck
Strong slope higher, entry above duck
H1 Duck
Entry is below duck and the duck has lost its slope
M5 Duck
Entry above duck
Level taken explanation
Buying AM. Pair is bullish as seen by the H4 duck. Pair has fallen to the 38 fib and stalled out and is showing a pin bar on the H4. The pair is against the RTL and the support level and I think this pair is ready for a run higher again. The entry is below the H1 duck and it isn’t sloping the correct way but I still think this is a good spot for a entry based on the factors of confluence.
Sl Placement
SL is below the fib, RTL and the support
TP Placement
TP is at the resistance
Fundamental
Risks
Updates
Account Balance
404.25
Amount Risked $
4.00
Risked %
0.99%
$ Gained/Lost
-4.51
% Gained/Lost of trade
-112.75%
Gained/Lost % of account
-1.12%
Happened
Pair was bought after price fell to the support the 38.2 fib and the RTL. Pair made some bullish candles. Pair went sideward and then the NZD news came out and caused a massive push lower hitting the SL.
Improvements
This was in a good uptrend as seen by the H4. H1 was not as good and was pointing lower. Pair did find support at the RTL, support and the Fib which as good. What did this trade in was leftover sentiment from trump talks as well as the spike from the NZD. Guess I could have not trades before the NZD news.
Trade #
242
Session Set
EURO US OVERLAP
Date Set
2019-02-06
Time Set
5:48:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-02-06
Time Taken
5:48:00 AM
Session End
AUSTRAILIAN
End Date
2019-02-06
Time End
1:45:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
0.00
Hours Active
0.33
Total Time Active In Hours
3.98
Pair
NZD/JPY
Daily Range
71
Pip SL
33
PIP TP
100
R/R Ratio
3.03030303
SL % DR
46.48%
Entry Price
75.02500
TP Price
74.23900
SL Price
73.79300
H4 duck price
75.01400
H4 duck price 30 bars ago
74.11900
H4 duck price 60 bars ago
73.81200
H1 duck price
75.63200
H1 duck price 30 bars ago
75.52100
H1 duck price 60 bars ago
75.26000
M5 duck price
75.16800
H4 Duck
Strong slope higher, entry above duck
H1 Duck
Entry is below duck and the duck has lost its slope
M5 Duck
Entry above duck
Level taken explanation
Buying this AM. Pair is in a strong bullish uptrend, as seen by the H4. H1 is not favourable but the pair has fallen to a level of support and also a RTL. This pair stalled at this level and the H1 shows bullish tweezers. Thinking this pair is ready to return higher
Sl Placement
SL is below the support and the RTL:
TP Placement
TP is at the resistance
Fundamental
Risks
Updates
Account Balance
404.25
Amount Risked $
4.02
Risked %
0.99%
$ Gained/Lost
-4.3
% Gained/Lost of trade
-106.97%
Gained/Lost % of account
-1.06%
Happened
Pair was bought after the bounce from the support and the RTL. Pair made a bullish engulfing but the pair ran lower. Made a bullish pin bar which was a good signal. Pair went sideways then the NZD news caused a massive spike lower and hit the SL.
Improvements
So the H4 trend was good. H1 was not so good. This pair was hit on the trump risk aversion news and then the bad NZD news. I think the entry was at a good level and was against both support and the RTL. Along with the bullish engulfing and the bullish pin bar those were good signals to go long. Only issue with this trade is the downward H1 duck. I guess I could have avoided trading before the NZD news event,
Results 2019-02-07 & 08. Tonnes of losses. Market just seemed to not move my way at all.
Trade #
227
Session Set
EURO US OVERLAP
Date Set
2019-01-31
Time Set
5:48:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-01-31
Time Taken
5:48:00 AM
Session End
EUROPEAN
End Date
2019-02-07
Time End
2:14:00 AM
Long/Short
Long
Taken At Market
Y
Days Active
7.00
Hours Active
-0.15
Total Time Active In Hours
82.22
Pair
EUR/CHF
Daily Range
32
Pip SL
42
PIP TP
42
R/R Ratio
1
SL % DR
131.25%
Entry Price
1.14105
TP Price
1.13685
SL Price
1.14856
H4 duck price
1.33550
H4 duck price 30 bars ago
1.13031
H4 duck price 60 bars ago
1.12621
H1 duck price
1.13858
H1 duck price 30 bars ago
1.13449
H1 duck price 60 bars ago
1.13047
M5 duck price
1.14057
H4 Duck
Strong slope upwards entry above duck
H1 Duck
Strong slope upwards entry above duck
M5 Duck
Entry above duck
Level taken explanation
Buying AM. Pair is ion a bullish uptrend as seen by the H1 and the H4. Pair has rallied over the last few days and retraced to the RTL. Pair is against the support with a bullish pin bar forming. Thinking the pair will move higher
Sl Placement
SL is below the 2 levels of support
TP Placement
TP is at resistance
Fundamental
Risks
Updates
Account Balance
413.16
Amount Risked $
4.14
Risked %
1.00%
$ Gained/Lost
-4.27
% Gained/Lost of trade
-103.14%
Gained/Lost % of account
-1.03%
Happened
Bought the pair after seeing the pair retrace to the RTL and make some bullish H1 candles. Pair stalled and crashed lower but then recovered and came quite close to the TP. Pair made a bearish pin bar and fell lower and then hit the SL.
Improvements
Entry was at a level too higher. Entry should have been lower. If it was my TP would probably have been lower and then this might have been a gain. The bearish pin bar candle on the H1 was my signal to get out which I did not notice. The pair changed direction after that and did not look back. The entry was too higher and the reversal signal was ignored.
Buying AM. Pair is in a bullish uptrend on the H1 and the H4 duck has begun a new slope higher. Entry is at a level of support and the RTL. Pair was rejected from this level as can be seen by the H1 duck and I think the pair is ready to run higher.
Sl Placement
SL is below the RTL and the support
TP Placement
TP is at resistance
Fundamental
Risks
Updates
Account Balance
404.25
Amount Risked $
3.99
Risked %
0.99%
$ Gained/Lost
-4.16
% Gained/Lost of trade
-104.26%
Gained/Lost % of account
-1.03%
Happened
Pair was bought on the bounce from the support close to the RTL. Pair made a bullish engulfing but failed to move higher. The GBP news came out and pair hit eh SL.
Improvements
Trend on the H4 was just beginning but I still think was not too bad. The GBP news is what killed this trade.
**|Trade #|243|
|—|---|
|Session Set|EURO US OVERLAP|
|Date Set|2019-02-06|
|Time Set|5:56:00 AM|
|Session Triggered|EURO US OVERLAP|
|Date Taken|2019-02-06|
|Time Taken|5:56:00 AM|
|Session End|TOYOKO|
|End Date|2019-02-06|
|Time End|8:59:00 PM|
|Long/Short|Short|
|Taken At Market|Y|
|Days Active|0.00|
|Hours Active|0.63|
|Total Time Active In Hours|7.53|
|Pair|EUR/CAD|
|Daily Range|107|
|Pip SL|40|
|PIP TP|100|
|R/R Ratio|2.5|
|SL % DR|37.38%|
|Entry Price|1.50064|
|TP Price|1.49064|
|SL Price|1.50464|
|H4 duck price|1.50774|
|H4 duck price 30 bars ago|1.51257|
|H4 duck price 60 bars ago|1.51640|
|H1 duck price|1.49929|
|H1 duck price 30 bars ago|1.50113|
|H1 duck price 60 bars ago|1.50563|
|M5 duck price|1.50247|
|H4 Duck|Strong slope lower, entry below duck|
|H1 Duck|Duck has lost its slope lower entry is actually above it.|
|M5 Duck|Entry below duck|
|Level taken explanation|Selling AM. Pair is in strong bearish downtrend as seen buy the H4. H1 has reversed and is less favorable but the pair rallied and stalled at the resistance and is breaking down. Pair was rejected at the 61 fib at this level. Pair is showing a evening star on the H1 which is a reversal pattern.|
|Sl Placement|SL is above the resistance and the candlestick pattern|
|TP Placement|TP is at the support|
|Fundamental||
|Risks||
|Updates||
|Account Balance|404.25|
|Amount Risked $ |4.02|
|Risked %|0.99%|
|$ Gained/Lost|-4|
|% Gained/Lost of trade|-99.50%|
|Gained/Lost % of account|-0.99%|
|Happened|Sold the pair after seeing the pair stall at the 1.5042 level and also the 61.8 fib. Pair fell and stalled then reversed and hit the SL.|
|Improvements|Trend was strong on this as seen by the H4. H1 was off because it had begin pointing higher with the TRUMP candle. I think the entry was level abased off good logic but this trade just didn’t work out.|
**
Entry is below duck and the duck has lost the upslope
M5 Duck
Entry above duck
Level taken explanation
Buying AM. Pair has retraced and fallen to a level of support and the RTL. Pair bounced with a bullish engulfing off the support and is ready to run higher. Thinking this pair will return to the highs despite the H1 duck.
Sl Placement
TP Placement
Fundamental
Risks
Updates
Account Balance
404.25
Amount Risked $
3.95
Risked %
0.98%
$ Gained/Lost
-4.26
% Gained/Lost of trade
-107.85%
Gained/Lost % of account
-1.05%
Happened
Pair was bought after seeing the pair bounce fro the support and the fib with bullish engulfs candles. Pair fell instead and hit the SL.
Improvements
The h4 was very strong but the H1 was weak. The trump talks changed the sentiment of this pair and the support and Fib was not enough to support it. I guess I need to think about how the news impacts the sentiment and if it is strong enough to change the trend.
Selling AM. Pair is bearish as seen by the H1 and the H4 ducks. Pair has rallied and stalled at the 23 fib as well s the resistance at .9409. H4 is showing a bearish pin bar which is a strong sell signal.
Sl Placement
SL is above the .9409 resistance and the 23 fib.
TP Placement
TP is way lower
Fundamental
Risks
Updates
Account Balance
387.34
Amount Risked $
3.87
Risked %
1.00%
$ Gained/Lost
-3.82
% Gained/Lost of trade
-98.71%
Gained/Lost % of account
-0.99%
Happened
Pair was sold in a trend as it approached the resistance and the fib. Pair made some bearish candles but then launched higher to the SL. Then reversed back below the entry
Improvements
Trend was good, the level sold was good with factors of confluence. Sadly the pair decided to keep moving higher and hi the SL. I think this was a good entry based on good logic, it just didn’t work out.
Pair is being sold AM. Pair is bearish and had a huge down day yesterday due to the NZD news being negative. Pair has retraced to the resistance and seems to have stalled. Thinking this pair will resume the move lower after stalling at 38 fib
Sl Placement
SL is above the FTL and the resistance level
TP Placement
TP is set for the next wave down
Fundamental
Risks
Updates
Account Balance
374.90
Amount Risked $
3.80
Risked %
1.01%
$ Gained/Lost
-3.82
% Gained/Lost of trade
-100.53%
Gained/Lost % of account
-1.02%
Happened
Pair was sold in the downtrend as it approached the resistance and the fib. Pair did make some bearish pin bars and a bearish engulfing but instead of falling the pair kept moving higher and hit the SL barley. Then pair fell back to the entry level.
Improvements
Well the trend was strong on this trade. I guess my SL was no enough to handle the increase in price but my direction was right. I don’t know this is a thought one. The entry level I think was good and the logic also good.
Pair is being sold AM. Pair is bearish and had a huge down day yesterday due to the NZD news being negative. Pair has retraced to the resistance and seems to have stalled. Thinking this pair will resume the move lower
Sl Placement
SL is above the FTL and the resistance level
TP Placement
TP is set for the next wave down
Fundamental
Risks
Updates
Account Balance
374.90
Amount Risked $
3.80
Risked %
1.01%
$ Gained/Lost
-3.77
% Gained/Lost of trade
-99.21%
Gained/Lost % of account
-1.01%
Happened
Pair hit the SL.
Improvements
Trend was strong and there was confluence on my trade. Pair made the bearish pin bar which was a good reversal signal in direction of the trend. Shame this trade didn’t work out but I don’t think the entry was that bad.
pair is in a bullish uptrend. Price has been rejected from the 1.6756 support and made a bullish engulfing higher. Pair then was rejected with a bullish pin bar from eh 1.6789 and the 23 fib. Thinking this pair will move higher
Sl Placement
SL is below he support and the fib
TP Placement
TP is at the Resistance
Fundamental
Risks
Updates
Account Balance
363.14
Amount Risked $
3.64
Risked %
1.00%
$ Gained/Lost
-4.02
% Gained/Lost of trade
-110.44%
Gained/Lost % of account
-1.11%
Happened
Pair was bought after seeing the rejection candle from the support. Pair fell and hit the SL.
Improvements
The trend was strong on this, the SL was protected buy wo levels of support and also there was the pin bar signal. I don’t think this was that bad of a trade.
Pair is sold AM. Pair has fallen from the CAD news. Pair has retraced and bounced at 38 fib and begin its move lower again in direction of the trend. Thinking the pair will fall further
Sl Placement
SL is above the fib levels and most of the spike lower
TP Placement
TP is double Sl
Fundamental
Risks
Updates
Account Balance
363.14
Amount Risked $
3.64
Risked %
1.00%
$ Gained/Lost
-3.75
% Gained/Lost of trade
-103.02%
Gained/Lost % of account
-1.03%
Happened
pair was sold on the bounce of the fib. Pair moved higher and hit the SL then returned to the entry level.
Improvements
Trend was stopping, news was out of the way. Shame this didn’t work out. Guess I could have moved my SL higher….
Week 13 review. This week was a complete disaster. Not one trade was a gain. All of them basically were stopped out at losses. Very bad week. The trends that were occurring did not continue so I think all trend following traders would have had a hard time this week. I took losses from the trump speech, the NZD and the AUD news all which caused pairs to move counter trend. Some of the trades were sort of outside the system, specifically the H1 not being in line with the H4 but the entries were at levels of support/resistance in direction of the overall trend. Its a hard one since the pre-existing trends form last week didn’t seem to hold this week. I didn’t have abnormally differently number of trades than usual this week. This is a pretty big drawdown and it will be hard to recover from.
Results 2019-02-11. 1 gain today aided by the weekend spike.
Trade #
246
Session Set
EURO US OVERLAP
Date Set
2019-02-07
Time Set
5:14:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-02-07
Time Taken
5:14:00 AM
Session End
AUSTRAILIAN
End Date
2019-02-10
Time End
2:08:00 PM
Long/Short
Long
Taken At Market
Y
Days Active
3.00
Hours Active
0.37
Total Time Active In Hours
40.45
Pair
USD/CHF
Daily Range
75
Pip SL
25
PIP TP
45
R/R Ratio
1.8
SL % DR
33.33%
Entry Price
1.00118
TP Price
1.00551
SL Price
0.99851
H4 duck price
0.99620
H4 duck price 30 bars ago
0.99508
H4 duck price 60 bars ago
0.99063
H1 duck price
1.00072
H1 duck price 30 bars ago
0.99967
H1 duck price 60 bars ago
0.99568
M5 duck price
1.00216
H4 Duck
Strong slope higher, entry above duck
H1 Duck
Strong slope higher, entry above duck
M5 Duck
Entry bought AM. Pair has fallen and stalled at the RTL and the support level and psychological 1.00 level. Bought after seeing price make a pin bar. Thinking this pair is ready for the next wave higher
Level taken explanation
SL is below the 2 supports an the RTL
Sl Placement
TP is set at historical resistance
TP Placement
Fundamental
Risks
Updates
Account Balance
374.90
Amount Risked $
3.80
Risked %
1.01%
$ Gained/Lost
6.74
% Gained/Lost of trade
177.37%
Gained/Lost % of account
1.80%
Happened
pair was bought after seeing a retracement to the support an the RTl. Pair went sideways and fell lower below the supports. A spike at the beginning of the week caused this pair to hit the TP.
Improvements
Entry was in direction of the trend at what I think is a good level. The spike was definitely lucky though. Could have easily spiked the other way.
2019-02-12. 3 trades closed today. All losses sadly.
Trade #
251
Session Set
EURO US OVERLAP
Date Set
2019-02-11
Time Set
5:25:00 AM
Session Triggered
EURO US OVERLAP
Date Taken
2019-02-11
Time Taken
5:25:00 AM
Session End
EURO US OVERLAP
End Date
2019-02-12
Time End
6:29:00 AM
Long/Short
Short
Taken At Market
Y
Days Active
1.00
Hours Active
0.04
Total Time Active In Hours
12.53
Pair
AUD/USD
Daily Range
87
Pip SL
26
PIP TP
30
R/R Ratio
1.153846154
SL % DR
29.89%
Entry Price
0.70715
TP Price
0.70415
SL Price
0.70975
H4 duck price
0.71783
H4 duck price 30 bars ago
0.71758
H4 duck price 60 bars ago
0.71583
H1 duck price
0.70909
H1 duck price 30 bars ago
0.71170
H1 duck price 60 bars ago
0.71841
M5 duck price
0.70800
H4 Duck
Strong downslope, entry below duck
H1 Duck
Strong downslope, entry below duck
M5 Duck
Below is below the duck
Level taken explanation
Sold the pair AM. Pair is in a downtrend as seen by the H1 and the H4. Pair has made a failed attempt to get back above the .708 resistance and has made a bearish rejection candle. Thinking that this pair is ready to go back in direction of the overall t rend,
Sl Placement
SL is above the FTL and the resistance level
TP Placement
TP is at the next support
Fundamental
Risks
Updates
Account Balance
358.58
Amount Risked $
3.59
Risked %
1.00%
$ Gained/Lost
-3.58
% Gained/Lost of trade
-99.72%
Gained/Lost % of account
-1.00%
Happened
pair was sold after seeing the pin bar rejection from the resistance level at .7087. Pair fell but then ran higher during the Asian session. Broke the resistances and hit the SL
Improvements
Trend was good and the entry was on a rejection of the resistance. There was lots of resistance in the way but the pair still managed to hit the SL. I don’t know I don’t think this was that bad of a trade.
Pair is bearish as seen by the H4 and the H1. Pair has make a failed attempt to break the 1.295 resistance and the FTL. Pair has created a bearish H4 pin bar. This is a bearish signal that shows price wants to go lower in direction of the trend.
Sl Placement
SL is above the RTl and the Resistance and the candle
TP Placement
Tp is at the support
Fundamental
Risks
Updates
Account Balance
358.58
Amount Risked $
3.59
Risked %
1.00%
$ Gained/Lost
-3.62
% Gained/Lost of trade
-100.84%
Gained/Lost % of account
-1.01%
Happened
Sold the pair in the downtrend after price rallied and stalled at the resistance 1.295 level. There was a bearish pin bear here on the H4 and price ran lower but it came close to the TP then reversed and spiked above the resistance into the SL.
Improvements
I think this was a good trade and this was just bad luck. Entry and logic was good.
Bought this pair. Pair is bullish as seen by the H1 and the H4. Pair has retraced and stalled at ta rising TL. The pair has made a bullish pin bar off the RTL and I think it is ready to move back in the direction of the trend. Also coincides with the 23.6 fib
Sl Placement
SL is below eh RTL and the swing support
TP Placement
TP is at the resistance
Fundamental
Risks
Updates
Account Balance
358.58
Amount Risked $
3.50
Risked %
0.98%
$ Gained/Lost
-3.71
% Gained/Lost of trade
-106.00%
Gained/Lost % of account
-1.03%
Happened
Bought pair in the uptrend after seeing price stall and make some rejection candles off the RTL. Pair did go higher but failed to reach the TP then broke down and hit the SL.
Improvements
The entry was based off a good signal from the RTL and the candles. The H4 trend could have been stronger but I don’t think this was a bad trade. Maybe a bit of bad luck that the pair failed to reach the previous high before having the breakdown over the RTL.
Pair is sold AM. Pair is in a bearish downtrend as can be seen form the H1 and the H4. Pair has made a bearish pin bar off the resistance and the FTL level. This is a bearish signal that price wants to run in the direction of the trend.
Sl Placement
SL is above the resistance and the FTL
TP Placement
TP is at the support
Fundamental
Risks
Updates
Account Balance
358.58
Amount Risked $
3.59
Risked %
1.00%
$ Gained/Lost
-3.58
% Gained/Lost of trade
-99.72%
Gained/Lost % of account
-1.00%
Happened
Sold on a break off the 1.225 resistance. Pair fell but reversed and then spiked into the SL.
Improvements
The trade was right at the beginning but ended up failing. The trend was food an the entry was good. Shame it didn’t hit the TP before the spike higher.
Selling AM. Pair is bearish as seen by all ducks. Pair has been unable to break the FTL twice over the last day making bearish wicks each time. The pair is in a bearish triangle pattern which has a higher probability of breaking lower in direction of the trend.
Sl Placement
SL is above the swing resistance and the FTL
TP Placement
TP is much set much lower in a period of past consolidation.
Fundamental
Risks
Updates
Account Balance
351.17
Amount Risked $
3.50
Risked %
1.00%
$ Gained/Lost
-3.51
% Gained/Lost of trade
-100.29%
Gained/Lost % of account
-1.00%
Happened
Sold this in the downtrend with the thinking the descending triangle would break down. Pair failed at the support and broke higher instead and hit the SL.
Improvements
Trend was good. I figured there was a good chance price would break below the support and the triangle would break down. Sadly it did not. I don’t think it was a bad trade tough.
Selling pair AM. Pair is bearish as seen by H1 and the H4. Pair has made a run at the 1.5005 resistance and the FTL and was rejected with a bearish pin bar on the H1. Thinking this pair is too weak to break above and will fall lower in direction of the trend
Sl Placement
SL is above the RTL and the resistance
TP Placement
TP is set at the support
Fundamental
Risks
Updates
Account Balance
358.58
Amount Risked $
3.60
Risked %
1.00%
$ Gained/Lost
3
% Gained/Lost of trade
83.33%
Gained/Lost % of account
0.84%
Happened
Pair was sold on the bearish pin bar at 1.5 resistance. Pair fell lower and I ended up locking in gains which was hit on a huge spike in gain due to risk aversion
Improvements
Shame I didn’t get a full gain on this one but the entry and logic were good, it was definitely good I locked in gains or this would have been a loss
Entry is actually below duck but it is sloping higher
Level taken explanation
Bought AM. Pair is bullish as seen by the H1 and the H4. Pair has made a H4 pin bar off the support , the 61.8 and the RTL. This is a strong signal pair is going or head higher ran direction of the trend.
Sl Placement
SL is below the support, RTL and the 61.8
TP Placement
TP is set at the .887 resistance
Fundamental
Risks
Updates
Account Balance
351.17
Amount Risked $
3.59
Risked %
1.02%
$ Gained/Lost
5.02
% Gained/Lost of trade
139.83%
Gained/Lost % of account
1.43%
Happened
Bought pair on the H4 pin bar off the support and RTL. Pair almost hit the SL before launching higher. I locked in gains and the ADJ SL was hit.
Improvements
Trend and entry were good I think. Good I locked in the gains otherwise this trade would have not been a gain and instead would be holding at a loss right now.
Sold the pair AM. Pair is bearish as seen by the H1 and the H4,. Pair has rallied and been rejected with a large bearish pion bar. Pair has seemed to stall at the FTL and looks to want to run lower
Sl Placement
SL is above the RTL
TP Placement
TP is set at the support
Fundamental
Risks
Updates
Account Balance
335.68
Amount Risked $
3.38
Risked %
1.01%
$ Gained/Lost
8.32
% Gained/Lost of trade
246.15%
Gained/Lost % of account
2.48%
Happened
Sold pair in direction of trend after seeing the bearish pin bar. Pair came close to the SL but reversed and then ran lower to the TP during a move of risk aversion in the stock market.
Improvements
Entry was good I think, came close to the SL but thankfully did not hit it, could have maybe used a wider SL but the TP was set well.
Bought Pair AM. Pair is bullish as seen by H1 and the H4, pair has fallen and made a strong bullish candle off the RTL and fib 23 and I think this pair is ready to go higher
Sl Placement
SL is below the swing and the RTl
TP Placement
TP is at the resistance
Fundamental
Risks
Updates
Account Balance
335.68
Amount Risked $
3.38
Risked %
1.01%
$ Gained/Lost
-3.91
% Gained/Lost of trade
-115.68%
Gained/Lost % of account
-1.16%
Happened
Bought pair after seeing the bullish reversal candlestick. Pair ran higher for a bit but then stalled and spiked lower during a move of risk aversion in the stock market.
Improvements
Trend and entry were good. No way to predict the massive spike lower due to the sock market.
Bought AM. Pair is bullish as seen by the H1 and the H4. Pair fell on heavy risk aversion but stalled t the support and the RTL. Pair has made a H1 bullish rejection candle and I think the pair will run higher.
Sl Placement
SL is below the swing, the RTL and the support
TP Placement
TP is past the resistance
Fundamental
Risks
Updates
Account Balance
343.20
Amount Risked $
3.47
Risked %
1.01%
$ Gained/Lost
-3.69
% Gained/Lost of trade
-106.34%
Gained/Lost % of account
-1.08%
Happened
Pair was bought after seeing price fall to the RTL and bounce. Pair stalled and was unable to head higher, reversed and hit the SL by the end of the session.
Improvements
Trend was good on both the H1 and the H4. Risk aversion was persistent and strong and caused this pair to head lower. Not much else to say about this one.
Week 14 review. This week was better than last week. I only had 10 trades this week. Not many setups were showing themselves I thought. Towards the end of the week I could hardly find any setups. I was focusing on only trying to take the best signals this week and it is reflected in the reduction of trade number. Next week will be the same focus, only the best looking trades which will hopefully casue me to have a reduction in trade number and gains.
Pair sold AM. Pair is bearish as seen by the h1 an the H4. New week has started with price remaining under the FTL and creating a very bearish candle in direction of the trend. Thinking think pair made still be showing NZD strength from last week.
Sl Placement
SL is above the swing resistance and the FTL
TP Placement
TP is same pips as SL
Fundamental
Risks
Updates
Account Balance
344.48
Amount Risked $
3.44
Risked %
1.00%
$ Gained/Lost
-4.63
% Gained/Lost of trade
-134.59%
Gained/Lost % of account
-1.34%
Happened
Pair was sold but price only moved a bit further lower before reversing and hitting the SL though the Asian session.
Improvements
Trend was strong. Price really did look like it was going to follow the FTL lower at the start of the new week. I guess I should have waited for a larger pullback and a stronger candle stick pattern.
