by Mario | Trading Room Journal | 0 Comments
05:45 no setup .. doing some analysis instead looks like USDMXN gonna drop (eying the 18.55 area)
divergences do look massive for CAD, EUR versus JPY, USD, AUD
CADJPY, EURAUD and EURJPY are the pairs to watch!
06:31 Buying USDSGD .. just an unplanned scalp for 2-3 points (probably bought the top)
06:39 hedging position, my worry turned real (bought the top)
06:47 re-shorting USDSGD to hourly Trendline
07:06 exit early USDSGD Short (DXY reached the bottom, and we almost the trendline anyway)
08:26 quick Buy EURUSD (just scalping upwards to the trendline)
08:28 this may not work so well as the USD is more in a up’ish direction .. meaning the EURO would drop
well, let’s see where its gonna go.
08:33 thinking of re-shorting USDSGD since it almost hit the upper channel from H1 chart .
that would also conclude with the current USD movement .. and support the EURUSD trade .. well would also put double the risk on .. better drop that idea.
08:37 closing EURUSD Long trade as planned
09:21 quick scalp (small position) upwards on AUDJPY
09:25 AUDJPY Buy does not look so good (it’s building a triangle) .. placing a hedge order 3.2 pips below
09:33 Exiting AUDJPY Long trade early
09:41 .. which turned out to be a mistake as the original target was reached just one candle later.
sorry boys, have some other sit happening right now .. ill continue trading in UK/US session
see ya in the Chatrooms.
P/L right now +0.815% (Flat)