I missed the first moved which I'm annoyed about. I was expecting a bigger pull back. Usually I would leave it alone but there is good aud news and bad gbp news and aud is strong and gbp is quite weak. So I'm taking a half position
I panicked and hit buys too soon. Should I always do entry order? EUR JPY
***YESTERDAY*** Price Action --------------------------- USD dropped hard CHF, EUR gently strengthened GBP pulled back JPY strengthen in the night News --------------------------- USD - lots of news generally bad (HI) AUD and NZD - minor bad CAD - bad (of course its all bad so does it have any meaning. I guess it means good news is VERY...
fundamental based trade. Lots of USD numbers - some high impact. Generally negative for USD. EUR been buoyant all morning after finance package. Basically EUR got it sh*t togeather, USD hasn't. Smaller lot size as I dont do these trade types. CAD got bad news too and even that is strong against USD Stochastics are up I've bought right at sellers. EURUSD broke...
this trade is based mostly on technical - strong aud and weak gbp. aud did have bad news last night. im being bold and just getting in. Using new lots size. Was an entry order - already triggered
DAILY PLAN --------------------------------------------------- NEWS --------------------------------------------------- AUD news last night NZD news last night EUR news morning USD news afternoon *2no high impact Notes USD - 100,000 covid deaths USD - drops HK autonomy USD - oil surplus up UK - Cummings row LONG TERM...
Positive news for EUR - EU agrees €500bn rescue package I think down momentum dissipated. Impromptu trade. 2% risk. SL logic - I'm not expecting it to break W21EMA. EURUSD at top of range - not expecting it to go back down this week after news
Trading Plan 27-05-20 DAILY EXPECTION -------------------------------------------------------------- Little news = slow day CURRENCY OVERVIEW -------------------------------------------------------------- Long term strength Strong AUD NZD Weak GBP JPY Short term correlation Weak correlation...
TRADE CONCEPT ------------------------------------------------------ Only news today was EUR (speech). News triggered strength against GBP, CHF only (nothing on other currencies). EUR is not correlating. Therefore, I'm thinking potential for EUR weakness = USD strength. EURUSD is at top of daily range. USD is better correlated and so is JPY. USD is long term...
TRADING PLAN - FRI 22-05 NEWS ---------------------------------------------- Recent Past---------- Good EUR, NZD Mixed---------- USD Bad---------- GBP, JPY Upcoming today----------- ***EUR***16.30 ECB speech (1900-2200 misc) CURRENCY SUMMARYS ---------------------------------------------- AUD strong and ****pulling back****. VERY Small spike in volume in...
Im basing this on -general GBP weakness - bad gbp news this morning and through the week -CHF took a knock yesterday (BH) and is recovering today
Its a CHF holiday today - maybe that will weaken chf? CHF has been generally weak I've already entered this - see below. I didn't realise I'd published private not public
TRADING PLAN Thursday 21-05 ------------------------------------------------------ OBSERVATIONS ------------------------------------------------------- AUD is pulling back for buys NZD is pulling back for buys CHF is puilling back for sells JPY is pull back for...
WED 20-20-05 ***TRADE PLAN*** ------------------------------------------------------------- CONCEPT ------------------------------------------------------------- Expoit GBP weakness - lots of weak news for GBP this morning and GBP is already weak. However, I think the sells are too obvious right now and the market needs to trick people long before continuing down...
NOTES NZD is the control pair and strongest but I thinks its over extended. I'm awaiting a final push up for entry I'm not even going to watch this one - alarm for entry, SL, TP FOR Negative GBP news AUD strong space in the 1h envelope space on the 1h stoch AGAINST Late to be getting in 4h stoch up STOPLOSS Behind 1 hour ema 15m seller Above recent highs and...
FOR Only JPY news today. There was positive news but no impact - so assume wants to go up. USD is best match. Space on 4H stoch Tried to go through EMAs and rejected with volume Broken and tested trend AGAINST Very near resistance but keeps bouncing up to it. Very 'visited' resistance Stoch quite high No volume with current activity - market is active and...