Trading Day 38 (23 Sept 2019)
On market open, price gapped down from 1.75020 to 1.74680 . No opportunity for me to short at all. I decided to bet on mean reversion and Long EURNZD instead . A gap is an abnormal move. Over the weekend, there were some trading that continued which was not available for retail traders. IMHO, mean reversion in the act at the moment.
23 Sept 2019
0632HR SGT
Symbol : EURNZD
Action : Long
Lot : 0.02
Open : 1.75848
Target : 1.75901
Stop : 1.75599
(Manually closed at 1.75648)
23 Sept 2019
0822HR SGT
Symbol : EURNZD
Action : Long
Lot : 0.02
Open : 1.75779
Target : 1.75819 (hit target)
Stop : 1.75599
23 Sept 2019
1116HR SGT
Symbol : EURNZD
Action : Short
Lot : 0.04
Open : 1.75651
Target : 1.75549
Stop : 1.75901 (hit stop)
23 Sept 2019
1131R SGT
Symbol : EURNZD
Action : Short
Lot : 0.04
Open : 1.75639
Target : 1.75449
Stop : 1.75901(hit stop)
It seem to me that buyers have given up. I should have stick to my pre trade workup directional bias. Anyway, i’m closing my EURNZD Longs, and doubling down on EURNZD shorts.
Price seem to be gravitating towards Friday’s Higher Low support level at 1.75300. This is a strong support level to watch out for, if a forthcoming reversal play might be in the deck or not .
" Draghi also takes center stage as he is due to testify to the European Parliament where he is expected to emphasize the much needed collaboration between monetary and fiscal policies while reasserting his view of QE as a necessary tool to keep the EU afloat. "
Ivan delgado
Ah ha!! Mario is in the limelight, no wonder EUR is so weak! There is hope for my EURNZD pullback afterall.
23 Sept 2019
1529R SGT
Symbol : EURNZD
Action : Short
Lot : 0.1
Open : 1.75744
Target : 1.75399
(manually closed at 1.75487)
Stop : 1.75901
A close one 
. Although, 1.75901 never came, still my stop loss was triggered due to widen spread. I manage to put in a 0.1lot EURNZD short trade in the nick of time and get to square off my losses. What a shame it is that my pre trade workup was right, and yet i didn’t get to make more pips.
On hindsight, 1.75300 price level had just been breached. A major support level was broken. A reversal of trend for EURNZD might be on the horizon.
Actually, i’m on sick leave today. I guess i will take my rest now. I had been doing lots of emergency cases over the weekend, and i just did 5th straight week of standby for the hospital as well. I’m exhausted. I need some rest…
Watching my cute one playing BlockCraft. 
23 Sept 2019
1709HR SGT
Symbol : GBPUSD
Action : Short
Lot : 0.04
Open : 1.24403
Target : 1.24299 (hit target)
Stop : 1.24821
Trade considerations,
- 1min chart very bearish trajectory
- Last week, weekly candle form a doji and a close below mean level suggestive of forthcoming reversal of trend.
- On the 1hour chart, a significant HL had been breached at 1.24400, further suggest forthcoming reversal of trend is brewing
23 Sept 2019
2214HR SGT
Symbol : GBPUSD
Action : Long
Lot : 0.04
Open : 1.24185
Target : 1.24301 (hit target)
Stop : 1.24049
Trades consideration,
- Momentic indicator blue box showing buy signal
- Nonlagdot turns blue also showing buy signal
24 Sept 2019
0033HR SGT
Symbol : EURUSD
Action : Short
Lot : 0.01
Open : 1.09897
Target : 1.09829
Stop : 1.10151
24 Sept 2019
0033HR SGT
Symbol : EURUSD
Action : Short
Lot : 0.01
Open : 1.09897
Target : 1.09729
Stop : 1.10151
Trades consideration,
- 1hour chart, Momentics red sell box appear with 4 star bearish momentum.
- 5min chart, Momentics red sell box appear with 3 star bearish momentum.
IMHO, price seems ready to take the plunge and resume its bearish path. On an afterthought, the nonlagdot in the 5min chart have yet to turn bearish.
This is priceless!!
