Fx futures Journal

I have reversed short here at 1.32000 increasing size.

 

Reversed Long increasing size 1.32250

 

will be adding above 1.32410

 

It appears that it's a very good thing that I exited my Yen Longs a while back. I did miss the shorting opportunity.

 

Short Canadian here at .86120. Position Play.

 

Yeah I was long since.....1.31450.........target 1.32195.....3/4 of the way there since morning.......I love cup of english tea in the span of two days on 3 hour charts.(Cup 'n handle)

 

Very nice trade. I assume this was cash and not futures?

 

Experiment with the breakout/breakout system will be complete when this current Euro FX long is completed. I have determined that while the system is profitable, the fills that I get using my divergence/grail method coupled with trailing stops is much much more profitable.

 

YUP.....sorry misread the thread.

 

Analysis of monthly charts

EC --long --- minor reaction low 1.25050. Major reaction low 116.610.

JY-- short---- market weakness is not as strong as it once was. minor reaction high .9217 major reaction high .9873

CD--short---- minor reaction high .9070 major reaction high .9152
add to shorts on breach of .8513

AD--long --- minor reaction low .7404 major reaction low .7006

BP-- long --- minor reaction low 1.8124 major reaction low 1.7046.