Tradex Forex Journal

GBP/USD now flirting with the 50% intraday Fib level.
Down boy, down.

 

Out at 1.2405, 10 pip loss.
Something is wrong here.

 

Oh now you are moving the right way, you sneak!

 

Ok, 2h 30min left before closing.
Let's see if we can still grab a few pips...

 

Did you?

 

No there was no trading signal.

 

Here are the results this week:

Long GBP/USD at 1.2548 : +50 pips
Short GBP/NZD at 1.9455: -18 pips (loss)
Short GBP/USD at 1.2620: +32 pips
Short GBP/USD at 1.2602: +27 pips
Short EUR/JPY at 120.80: Break even
Long EUR/AUD at 1.6390 : Break even
Short EUR/AUD at 1.6300: + 50 pips
Short EUR/USD at 1.1220: Break-even
Short EUR/AUD at 1.6267: -32 pips (loss)
Short EUR/NZD at 1.7401: Break-even
Long EUR/NZD at 1.7415: +65 pips
Short EUR/CAD at 1.5235: Break-even
Short GBP/AUD at 1.8135: Break-even
Short GBP/USD at 1.2395: -10 pips (loss)

Total for this week: +164 pips

Total since beginning (10 trading days total): +122 pips

 

Forex market is not "officially" open and yet there is already some movement on the Australian dollar (and all its crosses, especially GBP/AUD).

 

Interesting, just looked at gold in AUD. I'm expecting ASX gold stocks should react positively from this.

Gold AUD, 5Day.

 

Weird price action on the AUD, thanks God I did not get involved.
No position is also a position,