EURUSD Short from 1.2070 1.2083 and1.2110 Full position and every add-on in the black. Had to absorb a lot of drawdown on this one. But system was showing massive divergence all week and very oversold.
Closed all at 1.2036. +74, +47, +34 = +155 total. Looking to short on a confirmed 1.2040. Will also add to short at 1.2055 and 1.2070 should price bounce around on me a bit. Aggressive is target is 1.1900. Moderate target is 1.1980 and conservative target is 1.2000. Will possibly add on upon retest and break of 1.2000 area.
I'm curious as to what you made your Keltner Channel settings to be. I think I have a different setup in my software than you. Mine (forex.com) doesn't let you set standard deviation. It has the following settings: Keltner Channels: value is set to 10 Zoom: value 1 is set to 30, value 2 is set to 65 Shift: value is set to 5 Using your setup, what would I put for these settings? Thanks. Finn
Exited all Euro shorts at 1.2075. +30, -20, -25 = -10 overall. Poor timing. Poor management. But I got out with only -10, so that's not too bad. Could have been worse.. I was down over 100 combined at one point. Overall still showing short, but I'm going to wait until a setup forms.
Limit buy orders triggered at 1.2100 and 1.2115. Looking to exit at 1.2180-1.2190 area. Last night the system gave a signal that I missed when it was happening.... www.4xmadehard.roxr.com/charts/PTS_01-18_1.gif www.4xmadehard.roxr.com/charts/PTS_01-18_2.gif www.4xmadehard.roxr.com/charts/PTS_01-18_3.gif www.4xmadehard.roxr.com/charts/PTS_01-18_4.gif But the move was pretty quick and I didn't want to jump onto a moving a bus. www.4xmadehard.roxr.com/charts/PTS_01-18_13.gif www.4xmadehard.roxr.com/charts/PTS_01-18_14.gif So I set a few buy limit orders to catch any retrace at 1.2115, 1.2100, and 1.2190. First limits triggered: www.4xmadehard.roxr.com/charts/PTS_01-18_15.gif www.4xmadehard.roxr.com/charts/PTS_01-18_16.gif Currently up +50 and +35. Looking to possibly add on again if there is a retrace to 1.2130.
GBPUSD Long @ 1.7430 targeting 1.7484 1.7550 http://www.4xmadehard.roxr.com/charts/PTS_02-14_1.gif EURUSD entry limit @ 1.1910 targeting 1.1954 1.2024 http://www.4xmadehard.roxr.com/charts/PTS_02-14_4.gif
I'm late updating these. All stopped out at -30 Entered long again on GBP at 1.7394 and took profit at 1.7444 for +50.
This will be my final post in this journal. Centralizing things a bit. I'll be keeping a new live one atwww.4xmadehard.roxr.com/forum/ There are some long term patterns showing up on my radar. I'm initiating some long term positions in GBP and EUR that I'll pretty much set and forget for a while. GBP showing wolfe wave with a target in the 1.8500 http://www.4xmadehard.roxr.com/charts/PTS_02-16b_1.gif Intraday/Swing GBP Long at 1.7392 targeting 1.7700 followed by 1.7900 http://www.4xmadehard.roxr.com/charts/PTS_02-16b_2.gif http://www.4xmadehard.roxr.com/charts/PTS_02-16b_3.gif http://www.4xmadehard.roxr.com/charts/PTS_02-16b_4.gif On the Euro side of things I'm targeting a long term in the 1.2800 area. http://www.4xmadehard.roxr.com/charts/PTS_02-16b_6.gif Intraday/Swing EUR Long at 1.1884 targeting 1.2025 followed by 1.2160 http://www.4xmadehard.roxr.com/charts/PTS_02-16b_7.gif http://www.4xmadehard.roxr.com/charts/PTS_02-16b_13.gif http://www.4xmadehard.roxr.com/charts/PTS_02-16b_8.gif Much thanks to the support I received here and through pm's. I'm not sure I got what I was looking for here at elitetrader, but I did receive a lot of positive things that I wasn't looking for. Best of luck. Chad