Fx futures Journal

If we get this far, I will enter the Euro fx long with another position at 1.28240

 

Wrong so far intraday. We're right at the OS line on the 5 minute right now. Let's see if we get a bounce with a divergence now that we have taken out 1.2785.

 

I need to stay long for a bit here based upon the short term chart attached here.

 

Closed my Aussie short at .76670 for 30 pip gain. I wanted to not have it drag the Canadian and Euro long upwards should they prove frutiful. In addition, it looks like it may have an intraday bounce as well. I can reenter later on.

 

I've got my profit target order in Canadian at .90490. If hit it will give me 50 pips off the hourly chart.

 

Out at .90490 for 50 pips. Now to my fledgling Euro ---

 

WTG,

 

My long entry in the Euro FX at 1.28070 was poor. I most likely should be entering now with the possibility of a double bottom at 1.27800. In any event, I am still long and wrong (for now) at 1.28070

 

Caught a total of 45 pips over 3 scales on a short - didn't ride it as far as it went. Now I'm scaling in long. The bottom might still not be in but I will add if we go down some more. It still hasn't shown it's ready to uptrend yet = no higher high. Avg price at 1.2775 on EUR/USD.

 

I've gotta stay in this long for now. The 5 min RSI just won't give up!