Tradex Forex Journal

Out at 0.7839, +13 pips.
Off to bed, goodnight.

 

Long gbpusd at 1.4150, 25 pip stop.

 

Out at 1.4140, 10 pip loss.

 

Shitty intraday price action today, not a single trend to ride (or even a decent reversal to follow), just noise all over.

I am going to have a couple of beers and listen to some rock music for a while.

 

Short Yen at 108.65, 15 pip stop.
(Copycat traders proceed with caution, the 5 PM rollover might hurt you if slippage is severe).

 

The only problem with this short Yen trade is that big, mean candlestick Hammer on the 1h chart (usually a bullish reversal formation).

But let's see...

 

That's more like it, down boy, down.
Target is 30 pips.

 

Out at 108.62, +3 pips (I have to go out and take care of some stuff so I won't be able to monitor this trade any longer).

 

Here is that bad, fat, mean hammer (1h chart).
It is virtually impossible to break that kind of formation (to the downside) in the Asian session.

 

Long NZD/USD at 0.7235, 15 pip stop.