XAUUSD swingtrading + EURUSD and AUDUSD daytrading

Discussion in 'Journals' started by cvds16, Jan 4, 2021.

  1. cvds16

    cvds16

    I will be starting a journal to keep myself accountable. I willl be swingtrading XAUUSD with a discretionary target and daytrading on 30M charts in EURUSD and AUDUSD for 10 pips targets.
     
    Onra likes this.
  2. cvds16

    cvds16

    I started today with a long gold position at 1905 USD because price closed on 31st of december above sma100 so far so good.
    upload_2021-1-5_0-25-38.png
     
  3. cvds16

    cvds16

    I scalped 10 pips in AUSUSD with the trend and 10 pips agains the trend when a pinbar formed at level. At this moment there is a bearflag forming with a target of 1.7631 but the 30m bar has to close below the trendline.
    upload_2021-1-5_0-28-30.png
     
  4. cvds16

    cvds16

    In eurusd I scalped 10 pips when an bearish engulfer formed at an old level.
    upload_2021-1-5_0-30-22.png
     
  5. cvds16

    cvds16

    I am short audusd @ 1.7664, I will take half of at +10 and then move my stop to be and try to take the rest of at 1.7631
     
  6. maxinger

    maxinger

    please trade carefully
    to achieve reward : risk ratio of > 2:1, and
    a win rate of > 50%
    or RR ratio > 1:1 and win rate of > 75%.

    As of now,
    I see absolutely zero sign of life in AUD.

    do note that aud usually moves when there is some major external news.
    eg yesterday during the US session, the market was down. Then aud just followed.
     
    Last edited: Jan 4, 2021
  7. cvds16

    cvds16

    yes, my audusd was a mistake idd, these are not the right times to trade, lesson learned.
     
  8. cvds16

    cvds16

    triple bottom long at 07682 in audusd
    upload_2021-1-5_3-14-19.png
     
  9. cvds16

    cvds16

    out +10 pips audusd, long xauusd for a 3.5 usd scalp iib
     
    Last edited: Jan 4, 2021
  10. cvds16

    cvds16

    out +3.5 USD
     
    #10     Jan 4, 2021