Nus: My Trade Journals

Trading Discussion Trade Journals
41

EURGBP Daily Bullish Engulfing

Weekly :
price is at the level that I mark as support, around 0.8165

Daily :
there’s a Daily Bullish Engulf at those level

OP : buy-stop at 0.8187
SL : 0.8123
TP : 0.8320
Strategy : because this is a counter-trend trade, I’ll manage this trade strictly. I’ll move OP to BE if price reach 0.8250.

Weekly chart

eurgbpweekly.jpg700×326 21.2 KB

Daily chart

eurgbpdaily.jpg700×326 22.3 KB

42

Update AUDUSD (May 16, 2014):

  • My trailing SL at 0.9330 got hit
  • Result : + 45 pips
44

May 16 th 2014 : EURUSD Daily Pin Bar

*) Late post. Take buy stop position since May 16th. Still not triggered…

Daily : EURUSD still in longterm uptrend since 2013. Now price at the support area, formed a Pinbar on May 15th. I take a buy stop but not yet triggered…

OP : buy stop 1.3737
SL : 1.3647
TP : 1.38850
Strategy :

  • cancel the order if price break lowest of the pinbar
  • move OP to BE if price reach 1.3790

0516-eurusddaily.jpg700×316 26.4 KB

45

May 16th, 2014 : USDCHF Daily Pin Bar

*) Late post. Take this sell stop position since May 16th. Still not triggered…

Daily : USDCHF still in longterm downtrend since 2013. For now, price is at support area, formed a PB in May 15th. Order a sell stop, not yet triggered.

OP : sell stop 0.8878
SL : 0.8967
TP : 0.8750
Strategy : cancel the order if price break high of the PB.

0516-usdchfdaily.jpg700×316 21.9 KB

46

May 16th : CADCHF Daily Pin Bar

*) Late post. Take this sell stop position since May 16th. Still not triggered…

Daily : Same with USDCHF, the CADCHF still in longterm downtrend. Price formed a pinbar in May 15th and its formed at the resistance area. Sell stop but still not triggered…

OP : sell stop 0.8153
SL : 0.8248
TP : 0.7985
Strategy :

  • cancel order if price break high of the PB
  • move OP to BE if price reach 0.8060 area.

0516-cadchfdaily.jpg700×316 19.1 KB

47

Update EURGBP :

  • Cancelled my pending buy-stop order since price break low of the bullish engulfing bar.
48

May 20th 2014 : USDJPY Daily Pin Bar

Price move sideways in 2014. I mark support/resistance level at 100.75 and 103.75. Price now at the support area and formed a Pin Bar and touch a MA 200 daily trend. So I decide to buy-stop this pair

OP : buy-stop 101.65
SL : 101.05
TP : 102.60
Strategy : I will watch carefully 102.20 area since there’s a minor resistance.

0520-usdjpydaily.jpg700×316 23 KB

49

Update USDJPY :

  • Cancel my pending order. Price move lower and break low of the PinBar.
50

I decide to re-enter the buy setup in USDJPY with a new OP and SL. Price formed another PB at support area with a little rejection on daily MA-200 trend.

OP : buy 101.67
SL : 100.77
TP : 102.60
Strategy : will watch 102.20 carefully since there’s a minor resistance

2205-usdjpydaily.jpg700×316 24.1 KB

51

Update EURUSD, USDCHF and CADCHF :

  • Cancelled all my pending order.
  • Price break low of the pin bar in buy-stop EURUSD
  • Price break high of the pin bar in sell-stop USDCHF and CADCHF
52

still hold the USDJPY. finger crossed

53

[B][U]May 2014 : +390 pips[/U][/B] Hope this June could done better. :57:

[B]1. GBPCHF : + 5 pips[/B] --> post #17

[B]2. EURAUD : + 167 pips[/B] --> post #21

[B]3. GBPAUD : + 173 pips[/B] --> post #24

[B]4. GBPJPY : + 0 pips[/B] --> post #31

[B]5. AUDUSD : + 45 pips[/B] --> post #42

54

UPDATE : USDJPY (May 22nd 2014)

  • Price reach target at 102.60
  • Result : +93 pips