348 | +4.337% | 2 Setups
a truly awful day, we made money, yes, but it took 10 hours to watch price consolidate.
the easy money from yesterday got its revenge. almost 11 hours trading today.
Currency Data:
- Positive:Â JPY, EUR
- Negative: GBP, NZD
- Pair(s) to Watch: GBPJPYÂ (Sell)
- Asia Session Events: BoJ Monetary Policy Meeting Minutes [JPY]
08:59 Sell USDJPY
09:07 price at support, should exit now … the Nikkei has still a few points to go sown, ill may hold on to that one.
09:32 as worried, the support from M30 did hold, hedging USDJPY trade at around 0%
there seem to be some technical issues regarding the Livestream, if it buffers, please stay tuned.Â
10:02 sell GBPAUD to 1.7747
10:06 put on accidentally too much size, got hedged on GBPAUD
10:15 re-hedging GBPAUD
10:35 try to exit USDJPY hedge on breakeven, likely gonna need the margin on the GBPAUD trade after.
10:45 re-hedging USDJPY after regaining about half the loss.
11:04 releasing USDJPY hedge with a tiny gain (not enough to pay the position loss)
Indicies and Dollar still undecided … but it “looks” a bit Bullish now
11:30 trying again on GBPAUD (there is however still the pivot in the way and a minor support.
13:19 closing USDJPY for a 1.01%Â absolute gain (rest goes to pay for the hedge)
13:27 also GBPAUD did go down as expected but stucks now at minor support,
if it swings down a little bit I will take profit, not want to risk another drawdown before Frankfurt opens.
15:29 hedging GBPAUD .. because of my greed and a few other things I did not take profit (almost 4% gain) but held.
as a result, the position is now hedged again
16:33 there is a buy setup now for GBPAUD .. but the distance to the next resistance is just 17 pips away. (not enough to pay for the damage)
18:25 just an update, nothing really happened on GBPAUD, the resistance appears to hold, I may release to the downside in a moment, but there is news coming up, so this may have to wait.
19:15 reversing sell orders after breakout confirmed.
19:41 closing all trades on the next micro resistance, just get out of it, and call it a day, before I throw the computer out of the window 😉
Total Today: +4.337%
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