Ivan's Trade Thread, part II

Nice trading, congrats on the win.

Also good to see someone trading more than 5c per pip.

No disrespect to any of the other posters.

Hope you get another one soon

 

This morning LONG AUD/USD 300,000 units @ 6400 for 6550. Stop, 6375

 

That GDP report at 7:30 really took the steam out of the AUD. Possible long re-entry AUD/JPY around 61.50
4 hour chart

 

Yep, I got skunked.

 

Very close.....but no cigar

Shame, it would have been a nice trade!

 

Figures. That screenshot was pretty much the bottom of that move! Still a good trendline, we'll stay tuned. EUR/AUD may see s/r around 1.9500?

 

Have you considered maybe 'scaling in', that would have been a perfect trade (probably no need to tell you that!)

And your Eur/Aud bounced off 1.95 nicely just 30mins after your post, 40-odd pips in that.

I wonder when Oanda are activating trailing stops on FXTrade, they're already on the demo, I could really use 'em.

 

Managed a little of it. Slow on the trigger, better than nothing.

 

Triple bottom on the intraday AUDUSD @ 6380. Gone long @ 6390 with target 6550. Stop 6330

 

Currencies are behaving strangely...new lows in the market are not reflected by new aussie lows, new yen highs, etc. There's a double no-touch at 6280 and 6550 that expires soon, so that could be holding up the line at the moment.