holding current positions: Sep.16 long eurusd @1.1173 tp 1.1370 Sep.16 long gbpusd @1.5886 tp 1.6160 Sep.16 short usdchf@ 1.3871 tp 1.3650 Sep.16 short usdcad @1.3685 stop 1.3760 tp 1.3470 220
Possible trade to add is long eurjpy for 132.70 with stop around 129.20. Stop and entry are not exact yet, and its only possible trade for now - will see.
rezo do you factor the price of gold into your model at all? or do you at least track its price during the week?
No, gold is no indicator for me. Earlier I used to track it - couple years ago, before switching to pure technical analysis, but now - its history.
USDCHF was stopped at breakeven. Major breakthrough is expected on USDCHF - its stuck on 1.3770 support, and once/if it break through, it should rigger at least 100 pip downside move. On the other hand we may as well see upside bounce on that one from that level as we are witnessing now. The trade was just closed at breakeven. Definatly reselling it, as it l;ooks very much heading down. This current moves are seen at the moment not more than market in panic. Resell in near hours is very possible. Who knows? maybe even I'll get to resell higher. Maybe not... good hunting
Resell of usdchf; possibly today: Stop is going to be @1.3920, target 1.3535...very nice r:r on this one, and it would still be good with previous target.