Saki's Forex Reversal Journal

Open Trades:
10k Short USD/CHF 1.2690 Limit 1.2570
10k Short USD/CHF 1.2753 Limit 1.2570
10k Buy EUR/USD 1.2184 Limit 1.23
10k Buy EUR/USD 1.2235 Limit 1.23

Will add more later if prices are lower. Stops after low of Monday is seen.

Trading on a very nice buffer, but should have waited till Monday as I had posted on Friday



Closed Trades:
10k Short AUD/USD .7735 Limit .7675 +60
10k Short EUR/USD 1.2435 Exit 1.2370+65
10k Long USD/CHF 1.2500 Exit 1.2540+40
10k Short AUD/USD .7735 Exit .7685 +45
20k Long USD/JPY Limit 110 +90
10k Short AUD/USD .7735 Exit .7565+170
10k Long USD/CHF 1.2505 Exit 1.2710 +205
10k Short EUR/USD 1.2435 Exit 1.2170 +265
10k Long EUR/USD 1.2193 Limit 1.2270+77
10k AUD/USD .7533 Exit .7570+37
10k Long AUD/USD .7533 Exit .7580+47
10k Long USD/CAD 1.1893 Exit 1.1975+82
10k Long EUR/USD 1.2193 Exit 1.2291+98
10k Long USD/CAD 1.1893 Exit 1.1899+6
10k Long USD/CHF 1.2578 Stop 1.2509 -69
10k Short EUR/USD 1.2293 Exit 1.2350 +43
10k Short EUR/USD 1.2577 Exit 1.2518+59
10k Short GBP/USD 1.8468 Exit 1.8420+48
10k Short EUR/USD 1.2540 Exit 1.2478+62
20k Short GBP/USD 1.8400 Exit 1.8390 +20
10k Short EUR/USD 1.2540 Exit 1.2277+263
10k Sell USD/CHF 1.2630 Stop 1.2705-75
Model Account Balance: 3578

 

I got ALpari up and running and now my s1 is 1.8020. I have readjusted the pivot time to 7 and now I've got 1.8029 which is as close as I can get to my Strategybuilder configuration. Pivot is 1.8133. I think I will try this setup this week.

It is possible that these are two different time zones. Alpari being set for Moscow time and Strategybuilder set for London time. I believe they are two timezones apart. But I'm sticking with 7 as a pivot time using alpari going forward from now on.

 

Ok, thanks. I'll set mine that way too and watch it this week.

 

Open Trades:
10k Short USD/CHF 1.2690 Limit 1.2570
10k Short USD/CHF 1.2753 Limit 1.2570
10k Buy EUR/USD 1.2184 Limit 1.23
10k Buy EUR/USD 1.2235 Limit 1.23
10k Buy EUR/USD 1.2115 Limit 1.23




Closed Trades:
10k Short AUD/USD .7735 Limit .7675 +60
10k Short EUR/USD 1.2435 Exit 1.2370+65
10k Long USD/CHF 1.2500 Exit 1.2540+40
10k Short AUD/USD .7735 Exit .7685 +45
20k Long USD/JPY Limit 110 +90
10k Short AUD/USD .7735 Exit .7565+170
10k Long USD/CHF 1.2505 Exit 1.2710 +205
10k Short EUR/USD 1.2435 Exit 1.2170 +265
10k Long EUR/USD 1.2193 Limit 1.2270+77
10k AUD/USD .7533 Exit .7570+37
10k Long AUD/USD .7533 Exit .7580+47
10k Long USD/CAD 1.1893 Exit 1.1975+82
10k Long EUR/USD 1.2193 Exit 1.2291+98
10k Long USD/CAD 1.1893 Exit 1.1899+6
10k Long USD/CHF 1.2578 Stop 1.2509 -69
10k Short EUR/USD 1.2293 Exit 1.2350 +43
10k Short EUR/USD 1.2577 Exit 1.2518+59
10k Short GBP/USD 1.8468 Exit 1.8420+48
10k Short EUR/USD 1.2540 Exit 1.2478+62
20k Short GBP/USD 1.8400 Exit 1.8390 +20
10k Short EUR/USD 1.2540 Exit 1.2277+263
10k Sell USD/CHF 1.2630 Stop 1.2705-75
Model Account Balance: 3578

 

It seems that we have been building
similar positions. Where are your stops?

 

just below yours

 

Open Trades:

10k Short USD/CHF 1.2690 Limit 1.2570
10k Buy EUR/USD 1.2235 Limit 1.23

Closed Trades:
10k Short AUD/USD .7735 Limit .7675 +60
10k Short EUR/USD 1.2435 Exit 1.2370+65
10k Long USD/CHF 1.2500 Exit 1.2540+40
10k Short AUD/USD .7735 Exit .7685 +45
20k Long USD/JPY Limit 110 +90
10k Short AUD/USD .7735 Exit .7565+170
10k Long USD/CHF 1.2505 Exit 1.2710 +205
10k Short EUR/USD 1.2435 Exit 1.2170 +265
10k Long EUR/USD 1.2193 Limit 1.2270+77
10k AUD/USD .7533 Exit .7570+37
10k Long AUD/USD .7533 Exit .7580+47
10k Long USD/CAD 1.1893 Exit 1.1975+82
10k Long EUR/USD 1.2193 Exit 1.2291+98
10k Long USD/CAD 1.1893 Exit 1.1899+6
10k Long USD/CHF 1.2578 Stop 1.2509 -69
10k Short EUR/USD 1.2293 Exit 1.2350 +43
10k Short EUR/USD 1.2577 Exit 1.2518+59
10k Short GBP/USD 1.8468 Exit 1.8420+48
10k Short EUR/USD 1.2540 Exit 1.2478+62
20k Short GBP/USD 1.8400 Exit 1.8390 +20
10k Short EUR/USD 1.2540 Exit 1.2277+263
10k Sell USD/CHF 1.2630 Stop 1.2705-75
10k Short USD/CHF 1.2753 Exit 1.2700+53
10k Buy EUR/USD 1.2184 Exit 1.2220+36
10k Buy EUR/USD 1.2115 Limit 1.2220+105
Model Account Balance: 3772

The MMPivot system is faring ok, a bit of a chop up on the held overs from the Monday gap though. Will continue to monitor and perhaps post more real-time trades from it.

Shaved most of my current exposure as the market isn't convinced that higher is best. See if we can hold above the gap area into tommorrow...

 

USD/CAD seems like its tailor made for the MMPivot system. Two trades today. I see lots and lots of dojis on CAD charts...

 

I am not gonna gun them, I promise

 

Where do you see that?
Looks convinced to me...