EURUSD
I did not trade the Franky today, I was working on something. It was a normal Franky break on the downside to the 360 level.
The monthly pivot is at 360, if it should go up in this month, then it will try to hold this level. But the trend of the session is still firmly down. I'm waiting for it to give a clear bullish signal on 1H.
I'm long at 377, stop at 71. I'm looking for it to close above 81 in next 10 mins.
Update: stop moved up to 73 i.e. below the first 30M Franky low.
I'm long at 377, stop at 71. I'm looking for it to close above 81 in next 10 mins.
Update: stop moved up to 73 i.e. below the first 30M Franky low.
I've closed some of the position at the range high, it looks like it is holding below it for now. I don't want to sit at the London open.
Right now, there is no opposite signal on the 15M to close it.
I've closed some of the position at the range high, it looks like it is holding below it for now. I don't want to sit at the London open.
Right now, there is no opposite signal on the 15M to close it.
I've exited the left position at 96. I'm done for the day.
Based on the first opposite 15M. It could be a bullish day, but I'm not going to trade the news.
long 03148 stop 7 pips.
Option barriers at 0300
0315-0325.
Covered 2/3 for 10 pips.
I was initially stopped out of my short initially at 312, after Frankfurt for a loss. It broke the Pre Franky low, so I was looking for London to follow through.
It took a smaller buy trade on the pullback of this range. I've closed most of it, but small is running.
I'm in 4 pips loss for the day. I'll now trade tomorrow.
short 03087 stop 7 pips. Will cut if pa looks bad
cut it as it is not moving.
long 03058 stop 5 pips.
closed all i am walking away market laid a trap.
closed all i am walking away market laid a trap.
It is a range, and at this point, it can resolve in any direction. So, one cannot trade in between, if you already don't have an entry at the edges.
I've a small Long at 304, with stop below the low. I'm done after that.
I've closed my long, I'm done for the day. Today is CPI day, so be careful.
It wasn't near the low of the Asian range during pre-Franky, but the stops were small, so I took it. I intended to close it near the range high, but the PA was okay, so I held it.
I did not trade yesterday.
Today I was 10 min late on the Franky, and it was already at the Asian high in first 15M. Based on the break of pre-Franky high, I wanted to be a buyer.
I entered at this small consolidation, with a small SL, it was at 460, but I would have closed it before.
It was not a good trade honestly (not something I trade daily), maybe even a bad trade. I decided to half my trade risk. In my mind, I think, most likely for this reason I exited for less than 10 pips for this reason, even though there is no opposite close signal at this point.
Short at 90 (my entry is not at exact 90, around this), stop at 95. I was positioned during the pre-Franky.
Short at 90 (my entry is not at exact 90, around this), stop at 95. I was positioned during the pre-Franky.
Stopped out, I cut it for a 4 pips loss. The pre-Franky low did not break.
Stopped out, I cut it for a 4 pips loss. The pre-Franky low did not break.
I had taken another short after the 5M low broke. In hindsight, I should have placed my stop above 98 on my initial entry, and lowered my position size.
On this trade my position size was lower, because I had exceeded my loss limit for the day, which was wrong.
I'm up for the day, but it is a small profit.
I had a long on the 5M pre Franky.
It should about 6-7 pips, it was a good trade I think. But I was stopped out of this trade for -5. It was not able to clear the pre-Franky high. I did not take the down move, stop was not favorable.
I don't have any position on EURUSD right now (I have a Long on US30). I'm waiting to see if at this Asian low, but no trigger right now.