Articles

173 | -1.43% | 4 Setups

1674   October 18, 2017 14:13   SwingFish   Trading Room Journal   AUDJPY • EURAUD • GBPUSD • USDCHF

Good Morning

06:04 market is at a moreless neutral position right now .. any trade open right now are pure speculation .. so we start things “small”

Divergence data looks interesting Positive: CAD, USD, JPY, AUD and Negative: EUR, CHF, GBP

06:05 Completly Speculative Short USDCHF as you can see on H1 .. price is at a point where it could go anyway.
but based on other charts (like EURUSD and USDJPY it looks like it will break out south)

take on smaller size to “probe”

also, the vWap is almost 100% flat. .. but “first come – first serve” 😉

06:28 price retesting the vWap .. scaling in .. but be ready to hedge .. this can very easily go the another way.

06:58 took the position out on Tokyo opening (have to bring my daughter to school anyway) gaining 0.606%

— School Run time (back in a moment) —

07:05 should have waited 5 more minutes .. original TP was hit .. missing out on a 1.5% gain.
well better safe than sorry.

08:43 being a bit aggressive .. buying GBPUSD before vWap .. that may turn out not so good

H1 Chart does look kind of up’ish

08:52 Hedging GBPUSD

09:05 I hate it if I’m right but chicken out. waiting for another reversal

09:20 reversing hedge position with 1.1% loss .. not so sure this was a good idea as the channel top is quite close

10:02 Selling EURAUD targeting the Hourly Trendline. but I may exit at breakeven

10:09 closing GBPUSD trades realizing loss of 0.92%

10:54 EURAUD starts to behave erratic .. probably some momentum in USDollar building up …
will exit once AUDUSD hits the recent trend line.

11:40 AUDUSD broke the cWap downwards (never reached the upper channel .. but, i did not exit as i should have .. EURAUD still on. i start get the feeling this is gonna be a expensive trade .. aiming for Breakeven now .. to get out of this mess .. and re-start on a better price.

12:46 Knowledge turns into hope .. I have not closed the trade yet .. even it does make a vWap reversal to the upside right now

12:50 .. volatility picking up .. making this trade probably even more expensive

13:00 NEWS:

FOMC Member Harker Speech

Patrick T. Harker took office on July 1, 2015,
as the eleventh president and chief executive officer of the Third District Federal Reserve Bank,
at Philadelphia. In 2016, he serves as an alternate voting member of the Federal Open Market Committee.

13:07 exiting EURAUD with much larger loss as planned

13:30 quick Scalp long AUDJPY .. very likely going to 88.30 .. but i will exit now covering parts of the lossses

Total Today: -1.43%

### Stream Stops Here ###

check out what happens right after!
original Target of EURAUD trade was hit just a few Candles after closing the position with a loss.

168 | +1.33% | 4 Setups

1411   October 11, 2017 19:15   SwingFish   Trading Room Journal   AUDJPY • EURAUD • GBPJPY • GBPUSD

05:55 Short EURAUD (Quick Probe Trade in the range)

06:05 looks like that wont work out very well .. i may place a hedge on this early, since i had no more reason to enter as filling the current range. which looks a bit like a bullish flag anyway.

06:19 placed Hedge trade on EURAUD … time to take shower and get some coffee.

06:41 EURAUD trade played out just as planned .. but no Profit for me .. because i hedged it already before go to take the morning shower.

08:11 decided to get rid of the EURAUD hedge on the vWap downwards.
the momentum was large enough to pay for the Hedge .. but I decided to stay in it for a bit longer and generate some green P/L .. that was a bad idea .. as the price went back up quickly …

Lesson to be learned: don’t be greedy!

hedged again .. holding 0.45% Floating P/l on this hedge.

08:23 AUDJPY made a nice vWap touch as well .. so decided to go long on this one.
it went up rather quickly and I could have cleaned the desk with that trade .. but as stated before, greed made me stay …

closed the AUDJPY Long after hedging EURAUD trade with a 0.32% gain.

it looks like its still on the way up .. to my original Target of 87.695, but I am out already .. moving on.

9:52 closing out EURAUD Hedges .. but not let it rise till the trendline because AUDUSD hit the Pivot and pulled back.

11:07 Shorting GBPJPY

after entering noticing that this is actually a terrible Ratio .. but okay we in it now .. let’s make the best out of it.
enabling SwingFishHelper to Protect equity by 0.3% …

12:00 accidentally scaled in instead of hedge .. but GBPJPY Short trade worked out just as planned

P/L right now +0.594%

12:07 Stoping Livestream (have to reboot the Computer)

### i will stop the LiveStream here, I may start another Stream in UK Session ###

14:44 started to play with GBPUSD and went long .. which did not work well.
plus had to pickup Wife and Kid .. so placed a hedge.

19:32 played a little with the hedges, in the end the GBPUSD Long towards vWap paid for the whole show.

Closing the day with a total gain of 1.329%

163 | +0.39% | 2 Setups

1109   October 5, 2017 03:52   SwingFish   Trading Room Journal   EURAUD • USDJPY

this was Day 23

Wednesday ! 5:30 .. nothing better to do …

Live Stream is not started yet .. just cleaning up the charts.
vWap is also not Reset Yet as we are “sort of Pre-Market“.

so I made a Trendline based scalp trial Short Trade on USDJPY

simply expect the price to respect the minor Trendline and the Pivot above, go Short with a Market Order based on just.
i put a smaller risk as normal on it, so i have a manually placed Hedge order above it.

### Live Stream Starts here ###

USDJPY went above my trendline, closing the trade manually with 0.11% loss.

Next on the list: EURAUD, also a Trendline based Short, but this time full size.

Which turned out about 2 minutes after to be incredible Stupid !!
as Sidney came online with a Index Gap down .. slipped my Hedge by 4.5 pips ..
floating loss: -1.43%

Guess what happened to my USDJPY trade about 5 minutes later? 😉

it looks a bit that AUDUSD will go up more .. however, the USDollar Index is stuck at the vWap as well .. so if it pops upwards. the trade can become quickly VERY expensive.

so I place a BUY STOP 2 pips below the double-short (42.000AUD) and a stop for the short order with a 6$ Profit. (planned hedging)

Price Reached the lower Trendline, AUDUSD also at a resistance Line plus DXY going up again.
placing a Hedge Trade with 84.000 AUD Locking the gains.

price did fall further which would have been enough to pay and get some gains, but we do not know these things before. better safe than sorry.

Price keeps falling massively, without the hedge that would have been a 17% gain. trying hard not to do anything stupid now ..

lucky I’m writing this blog, instead of jump on the boat. right after taking the screenshot above, the price started to pull back as expected.

almost 4 Hours has passed now .. the trade is still on .. holding 7.02% Equity .. (i closed 2 other hedges ripped a 8.2% hole in the Account, so as of now I am down -1.1%
Frankfurt Pre-Market had almost no impact at all.. looks like we have to wait a little bit longer.

Closing this Tuesday out with a Gain of 0.39% (Green Zero)

155 | +0.796% | 4 Trades

781   September 25, 2017 23:50   SwingFish   Trading Room Journal   AUDSGD • DAX • EURAUD • USDSGD

in the Aftermath of the German Election . Good morning everyone,

strangely DAX Futures gaped down but that gap could not even be considered as such, so much for the bad Afd Party shock.

start the day with a short Trade on USDSGD.
looked very clean, but then sitting on the toilet and watching it from my Mobile, made me change my mind, sold the risk and set the Stop to +0.7. which was then hit about 2 minutes later. gain 0.21% for the Chicken out trade 😉

Later a Nice vWap Reversal on EURAUD, failed once but on the second try, it worked as expected. (another tiny gain)

Quick Trade on AUDSGD .. which led to an Auto Hedge, which I choose then to ignore as I went on the DAX

the DAX, however, turned into a massive Whipsaw massacre .. tons of trades and cover trades to pay for losses.
in the end, went out with a 0.796% Total gain for the day. so let’s just ignore that this did happen at all 😉

152 | +2.21% | 3 Trades

692   September 20, 2017 14:57   SwingFish   Trading Room Journal   DAX • EURAUD • NZDJPY

hey there,

the morning session was a bit quiet …
went out basically on 0 with NZDJPY trades

EURAUD Saved the day,
whipsawed myself a few times in participation for a drop but then it really happend and we went out with 2.21% total gain

the Dax Hedge is still on … somehow its moving into London session FAR up ..
well we just wait it out .. 2$ Ccost on Swap wont kill us for another day 😉

D1 Buy EURAUD

624   September 19, 2017 09:58   AoFX   Forex Signals   EURAUD

EURAUD Buy from the current price 1.5005
For enhancement Buy Limit 1.4975 1.4949

SL 1.4792

TP1 1.5045 TP2 1.5097 TP3 1.5172 TP4 1.5228 TP5 1.5333 Good luck

H4 Sell EURAUD

423   August 17, 2017 01:51   AoFX   Forex Signals   EURAUD

Buy EURAUD

345   August 7, 2017 00:57   AoFX   Forex Signals   EURAUD

EURAUD With Closing 5-minute candle above the 1.4864 level good to buy

SL 1.4832

TP1 1.4884 TP2 1.4905 TP3 1.4925 TP4 1.4950

Good luck