EURUSD

K
@karbin - 1 year ago

It was a BE day for me. I had a long at 51, but I was stopped out of it on the pullback. I had moved it to BE (because Frankfurt was down) when the price went to 60.

The idea was the London would reverse the Frankie, and the stops were small, just below the 48.

London session has been extremely volatile for the last weeks, so I'm trading half the lot size. I'm done for the day. See you tomorrow.

P
@patrader - 1 year ago

long 0477 stop 7 pips.

K
@karbin - 1 year ago

I'm Long at 78, stop is below 70.

P
@patrader - 1 year ago
Quoted - patrader

long 0477 stop 7 pips.

i was stopped out on this one by 1 pip. The market conditions are tad bit volatile causing massive moves in shorted timeframes.

My net loss is -6.8 pips for the day. I'm walking off.

K
@karbin - 1 year ago
Quoted - karbin

I'm Long at 78, stop is below 70.

Update: I was stopped out of this trade. My stop was hit exactly to the point before going in my direction. So, it was a losing trade & I'm down about 10 pips for the day.

I'll trade the London session tomorrow.

P
@patrader - 1 year ago

long 04808 stop 9 pips.

K
@karbin - 1 year ago

I've closed my Buy order. I had initially entered at around 80, and I added to it as the price went in my direction.

I've closed it near the Asian high. 500 is an important level. It is possible that it will hold, so I did not want to hold it to London open, because it could either continue the move or reverse it.

I'm done for the day. I'll now trade tomorrow during the London session.

K
@karbin - 1 year ago
Quoted - karbin

I've closed my Buy order. I had initially entered at around 80, and I added to it as the price went in my direction.

I've closed it near the Asian high. 500 is an important level. It is possible that it will hold, so I did not want to hold it to London open, because it could either continue the move or reverse it.

I'm done for the day. I'll now trade tomorrow during the London session.

For context

a. my initial entry was during Frankfurt open after this 15M Pre-Frankfurt pattern (first chart). The stop was about 4 pips below the Pre-Frankfurt low.

The price had opened near yesterday's London low. It could have spiked till 70, so my initial entry was small size.

b. I added to it after the first 15M of the Frankfurt was up. On 5M (second chart) it looked like it was holding above the pre-Frankfurt high.

c. The reason for closing it at 95 was that it was the Asian high. Also, multiple London session highs in the past week have been stacked around 495-500 (third chart). It could break above it, that's always a risk of closing early, that you miss out on the major session trend.

K
@karbin - 1 year ago

I was looking to Long Frankfurt at 60s, or if it moved lower then till the Asian low of 55.

But the price already started to move today during pre Frankfurt, so I missed most of this trade. My entry was riskier, because during Frankfurt, I entered at 80s, with stop below 80, for a quick scalp.

I added to that position as it was going up on 1M, with small stops below the previous 5M low. I was targeting 96, I am seeing going till 610 (previous week high).

But I closed it at around 593, mostly because some times, the second 30M of Frankfurt open could be in the opposite direction of first 30M & retest the low of Frankfurt or Asian also (or reverse it). And my entry was not really good.

I'm done for the day. Enjoy your weekend.

P
@patrader - 1 year ago

premature long 05327. stop 8.5 pips.
There is some bad new from france, i will be on my toes.

P
@patrader - 1 year ago
Quoted - patrader

stopped out.

reentered long 05225. stop 6 pips.

K
@karbin - 1 year ago

Long at 500, stop at 496.

K
@karbin - 1 year ago
Quoted - karbin

Long at 500, stop at 496.

I've moved my stop to BE. 513 could hold, but I'll wait for this 1H to close.

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