Fx futures Journal

Possibility exists of a 200 pip up close today. However, that is not what we pay attention to. We pay attention to keeping losses on the small side.

 

Closed the following trades in euro FX that were made on the 10 minute chart.

Long 1.32070
Long 1.32070
Long 1.32250
Long 1.32440


All sold at 1.32560 139 pip profit


Still holding 2 longs from the 60 minute chart

Long 1.32260
Long 1.32390

 

added Yen future long here at .85880. I will add more on a buy stop at .86210

 

looking to add to the long Euro fx position on an intraday basis at 1.32680 on a buy stop. Trailing Sell stop remains 1.32400 for now

 

Stopped in at 1.32680 long. Sell stop and reversal at 1.32520

 

I believe there will be strong breakout on the Yen future to the upside before the week is out. If I am wrong, I will of course be stopped out and live to fight another day.

 

Stopped out at 1.32520 and reversed short. My buystop and reversal long is now 1.32650 with increasing size.

 

Would have expected for you to find 1.3250 an area of support...

 

Stopped out at 1.32650 and stopped in there as well with increased size.

 

This is a much different strategy. I get stopped out on increasing size ( small at first) with small losses until I get on the right train to slay the dragon.