this is the smallest move I have seen after a fed meeting. still holding usd short with stops at break even...same target.
10k GBP/USD B 1.9269 Limit 1.9390+ 121 10k USD/CHF S 1.1515 Exit 1.1484 +29 10k GBP/USD B 1.9048 Exit 1.9176 +128 10k USD/CHF S 1.1623 Limit 1.1474 +149 ___________________________________________ Starting Balance(assume one dollar for each pip): 2000 USD Closed Balance 2427 USD
USD/JPY B 104.25 Limit 105.30 Stop 103.90 EUR/USD S 1.3412 Limit 1.3332 Stop 1.3447 Very tight stops today. No serious (heiken ashi)spikes, but daimyo indicates a reversal and the BB-Fibo's were pierced.
10k GBP/USD B 1.9269 Limit 1.9390+ 121 10k USD/CHF S 1.1515 Exit 1.1484 +29 10k GBP/USD B 1.9048 Exit 1.9176 +128 10k USD/CHF S 1.1623 Limit 1.1474 +149 10k EUR/USD S 1.3412 Exit 1.3410 +2* ___________________________________________ Starting Balance(assume one dollar for each pip): 2000 USD Closed Balance 2429 USD Limiting my risk as the reversal has not materialized convincingly. Open Trade USD/JPY B 104.25 Limit 105.30 Stop 103.90
]10k GBP/USD B 1.9269 Limit 1.9390+ 121 10k USD/CHF S 1.1515 Exit 1.1484 +29 10k GBP/USD B 1.9048 Exit 1.9176 +128 10k USD/CHF S 1.1623 Limit 1.1474 +149 10k EUR/USD S 1.3412 Exit 1.3410 +2 10k USD/JPY B 104.25 Stop 103.90 -35 ___________________________________________ Starting Balance(assume one dollar for each pip): 2000 USD Closed Balance 2394 USD Hindsight is always a genius, but there was no reason to take my trades off the table! EUR/USD short was a textbook entry!
Big stops because Daimyo has yet to setup but I've got the heiken spikes and the bollinger fibos pierced. On the London open I will trim in the stops to the low of the day (hopefully the 12pm EST bar!) I've gotta jump in without fear this time! USD/CHF S 1.1585 Limit 1.1473 Stop 1.1695 EUR/USD B 1.3259 Limit 1.3400 Stop 1.3150
patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience patience
20kUSD/CHF S 1.1585, 1.1615 Limit 1.1480 Stop 1.1620 20kEUR/USD B 1.3259, 1.3207 Limit 1.3350 Stop 1.3200 Note to self: I DO have the courage to follow my trade setup.
10k GBP/USD B 1.9269 Limit 1.9390+ 121 10k USD/CHF S 1.1515 Exit 1.1484 +29 10k GBP/USD B 1.9048 Exit 1.9176 +128 10k USD/CHF S 1.1623 Limit 1.1474 +149 10k EUR/USD S 1.3412 Exit 1.3410 +2 10k USD/JPY B 104.25 Stop 103.90 -35 10k USD/CHF S 1.1585 Stop 1.1620 -35 10k USD/CHF S 1.1615 Exit 1.1557 +58 10k EUR/USD B 1.3207 Exit 1.3285 +78 ___________________________________________ Starting Balance(assume one dollar for each pip): 2000 USD Closed Balance 2495 USD Quite a week! Open Trades 10kEUR/USD B 1.3259 Limit 1.3350 Stop 1.3200 I'm experimenting with a trailing stop and the backtests look very promising. Averages about 450 pips a month per currency. The only problem is that it uses a closed bar basis so the exit times tend to be inconvenient.