ProfessionalDuckHunter

ProfessionalDuckHunter Updated 

Price is making higher highs and higher lows as seen on the chart and so I bought. It seems that price is also at the minor resistance area, but all is fine. TP and positions will be shown in the screenshot below. 1603SGT 13122024

ProfessionalDuckHunter Updated 

The chart shown is on the 4H but it doesn't matter if its on the 1H or 4H. Both time frames show price doing a power move toward the resistance level of the down channel. I have been eyeing on a few pairs that has this down channel thing, one of the other pair is the AUDUSD and GBPUSD, I think. Currently, TP is set at 71cents SGD, or 41.5pips. No I wish, I...

ProfessionalDuckHunter Updated 

Buying CHFJPY, opposing my two other JPY trades, USDJPY and CADJPY. TP set at the next Minor Resistance level as shown above. Positions will be shown in the next update below. 1722SGT 12122024

ProfessionalDuckHunter Updated 

Forgot to jot down this trade, I think. I have two or three positions as I DCA into this pair when price goes against me. Previously I traded in the long position, but I switched gears and began shorting, I think. Before this trade, I was trading 100 unit positions, but when I switched gears, I upped the units to 200. I feel that I should sit and wait instead...

ProfessionalDuckHunter Updated 

I am thinking of taking another position that doesn't have any other currencies I am currently in, and I spotted the GBPCHF is currently at the resistance level. Price came up all the way to the resistance level in a parabolic manner, so I am expecting price to reverse back down. No especiallys no definitelys. Paraphrasing Nick Shawn, I would enter at a price...

ProfessionalDuckHunter Updated 

This is a setup I revisited now, now that price has come back to the resistance level of the range. I spotted this setup yesterday and have placed a sell limit order for it but price didn't take it before moving downwards. I have since then removed the sell limit. Even though I have another position that buys JPY, but the price movement seems different. I do...

ProfessionalDuckHunter Updated 

Shorting USDJPY. I am restarting my count. I think I have to trade less and be specific if I am trading ranging or trending market. Also be willing to accept the fact that price might not be working in my intended idea and to close the trade out for a loss instead of dca-ing even more. But also, to not multiply my positions as much as I can and to keep my...

ProfessionalDuckHunter Updated 

Accidentally chanced upon AUDCHF trade. I think I should give more attention to the entry time frame as well when scanning for setups. Currently price is in a range since 26th November 2024, and I am betting on the support level holding. I have included a link below showing my exact entry for the initial position.   Things might change as time goes by so we...

ProfessionalDuckHunter

Price made a power move into a significant resistance level and I decided to short it. I have placed the 1st Sell Limit at the next major resistance level if price does move against us. I am currently in drawdown on the AUDCHF and SGDJPY trade but oh well, since I have yet to enter on anything EUR or USD I think this is a great opportunity for me to continue...

ProfessionalDuckHunter

Price now at downward trendline and I am selling as I expect the higher Time Frame to continue buying JPY. JPY remains as the lowest interest rate currency among the major currencies so people might be readjusting their portfolio and continuing to borrow JPY and investing that money else where. Am I correct? I'm not sure. I'm just speaking my thoughts and I...

ProfessionalDuckHunter Updated 

Buying into Major Support area on the 15 Minutes Time Frame's range. Price is currently in parabolic sell, so I expect price to be rebounding off this major support. Reason for parabolic selling is late scalpers coming into the game just like Labubu by PopMart's bottleneck release (limited stocks available). They think that they are able to sell Labubu for sky...

ProfessionalDuckHunter Updated 

I just closed the USDJPY Sell for a small overall profit but I opened the AUDJPY and sold it instead, now. I decided to short the AUDJPY because I realised that some pairs have just broken out of the Minor Consolidation on the 15 Minutes Time Frame, and AUDJPY is one of it. I am entering on a push wave, but if price pulls back and shows and overbought that is...

ProfessionalDuckHunter

Shorting EURUSD. Price currently at Minor Resistance level so I decided to short it. 60sma on 1H Time Frame is in same direction as us. No Sell Limit Orders placed yet.

ProfessionalDuckHunter Updated 

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...

ProfessionalDuckHunter Updated 

JPY is in a buying mode currently as seen on the 1H and 4H, so now that I have freed up some margin**. I am selling USDJPY because I feel that it is the strongest among all the JPY pairs in my watchlist. It is also trending with the 60SMA on the 4H, 1H and 15 Minutes Time Frame. As I entered on an impulse wave aka Push. I am expecting that price might turn back...

ProfessionalDuckHunter Updated 

I looked at the Daily Time Frame and it was a mess! However, when I zoomed down to the 4H, then 1H and 15Minutes, I saw that even though there were gap, price is generally still trending. Especially when I plotted the 60SMA, and on some charts, the 1020EMA. I bought the CADCHF because price retraced back to the 60SMA on the 15 Minutes Time Frame. I placed two...

ProfessionalDuckHunter Updated 

Shorted GBPJPY while the CADCHF trade is running in drawdown. JPY pairs in my watch list includes, CADJPY, GBPJPY, CHFJPY, NZDJPY, AUDJPY, EURJPY. However, I removed the CADJPY and CHFJPY. I chosen the GBPJPY because it has been known to be a dragon that moves alot of pips, alot of the time. Not sure about now though. I scan the watchlist by going to the Daily...

ProfessionalDuckHunter Updated 

Closed GBPCAD for a breakeven including 1cent commission to open GBPUSD short. Price moved a bit away from my area of value on the pull back wave, but its ok. I have set the sell limit at the pullback for when price pulls back to my area of value. I have set the TP to somewhere before the swing low of the previous downward move. No SL set as usual. Shall see...