Reversing my gears.
Shorting CADCHF now since price is in a range currently. I first thought of shorting CADCHF when I was browsing through my watchlist. But I decided to place my Sell Market on the Hourly for added confirmation because the Hourly Time Frame looks cleaner.
Actually the Time Frame doesn't matter. I draw the ratio ruler on Hourly because as mentioned, price looks cleaner on the Hourly.
Just going for a swing.
Haven't decided on Sell Limit orders yet. Shall see, also.
2013SGT 02122024
Shorting CADCHF now since price is in a range currently. I first thought of shorting CADCHF when I was browsing through my watchlist. But I decided to place my Sell Market on the Hourly for added confirmation because the Hourly Time Frame looks cleaner.
Actually the Time Frame doesn't matter. I draw the ratio ruler on Hourly because as mentioned, price looks cleaner on the Hourly.
Just going for a swing.
Haven't decided on Sell Limit orders yet. Shall see, also.
2013SGT 02122024
Note
Added sell limit at 0.63185. TP at 0.62761 (same TP as the first market sell, i think)2117SGT 02122024
Note
1st Sell Limit Triggered. I could close all positions for an overall profit at 0.63082 if I want to, but I am going to hold on to the previous TP levels set for now.If I were to close all positions at 0.63082, I would be closing the 1st Market Sell at breakeven, and the 1st Sell Limit at a small profit. Small profit is better than no profit of course.
Shall see.
2145SGT 02122024
Note
Set the 2nd Sell Limit at the next Major Resistance level.2nd Sell Limit : 0.63524
2nd Sell Limit TP : 0.63186
2nd Sell Limit TP near the 1st Sell Limit's Breakeven price.
Place it in for just in case if price shoots upwards. I'll be setting an alert just below the 2nd Sell Limit order, so that if the order got triggered, I know to shift all the previous positions' TP to the same price as the 2nd Sell Limit at 0.63186.
Will update later when there's new progression.
0015SGT 03122024
What would 3rd December 20234 be like?
Note
Shifted TP to BE mid point at 0.631291154SGT 03122024
Note
Set a buy hedge at 0.63235. TP at 0.63514.1158SGT 03122024
Note
shifted TP back to 1st market sell's entry price zone because price is strong now and i think it could come back down. might shift it again later. shall see.1550SGT 03122024
Note
added an extra sell limit for 200 units multiplier at 0.63244. TP all shifted to 0.63186. I think I handled this few trades quite badly. AUDJPY CADCHF EURGBP. Causing me to spiral alittle. but luckily I am currently at 214.01$ SGD. Still up for 50cents from last monday's opening.1628SGT 03122024
Trade closed: stop reached
10cents loss plus 4cents commission plus 6cents profit = -8cents loss SGDKEEP YOUR GREED IN CHECK. TP WHEN YOU CAN.
1718SGT 03122024
YOU ARE NOT TRADING WITH STOPS AND EXACT TP SO DON'T BE GREEDY.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.