238 | +2.365% | 3 Setups
05:58 Following the FOMC Speeches, the USDollar Rose quite a large bit, let’s hope this will not retrace all the way back today, and if it does, we better in the trades. also, the Crypto drama seems to have an end already, I bought #XRP (Ripple) at 0.88 and look at that it’s already back to 1.20$. divergences are bad as all major movers are positive. (except Japanese Yen and the Euro). also, there are quite a number of high impact news for Australia, Japan and China.
Currency Data now:
- Positive: GBP, USD, CAD, NZD, AUD
- Negative: CHF, EUR, CHF
- Pair(s) to Watch: EURUSD (Sell), USDCHF (Buy), USDJPY (Sell)
- Asia Session Events: Foreign investments [JPY], Consumer Inflation [AUD], Unemployment Rate s.a. [AUD], Gross Domestic Product [CHINA]
09:41 Selling Gold to next Support level (pretty safe bet, was touched about 5 times just today)
09:45 exit Gold Sell at Resistance gaining 1.247%
10:09 Buying AUDJPY
there is a minor trendline on the M30 chart .. I may exit this one once its green .. too great risk of a reversal
10:34 I was careless and got hedged while the trade was on.
reversed immediately and closed now with a 0.418% gain
volumes are extremely low, prices do move, but for some reason, the volume is almost nonexistent. that can lead to unexpected movements … will pause trading till this is changing at least a little bit
13:04 Buying GBPJPY, Volume is still pretty much non-existent, so we won’t hurry this one with large size trades.
13:22 Nikkei just massively Groped out of the blue .. even creating a gap in the price feed (not a market-gap)
Hedging the entire GBPJPY position, this can go bad very fast!
13:52 reversing the position to sell on the breakout level (usually a bad idea, but since there is no momentum in any direction it’s as good as the other way around) odds are only that we below the vWap, but with this little volume, the vWap has very little meaning either. realizing a 2.2% loss.
13:58 if the down-wave continues, 153.410 should be the next Target its the crossing of a minor resistance and the Pivot is about 2 pips above it. (i will likely not hold that long)
14:27 reverse the gaining sell position ON GBPJPY for a 1.1% gain (hedge on with a 2.4% equity loss)
19:23 FINALLY !!! the worst Trading day in Months comes to an end!
closing All GBPJPY Trades with a total account gain of 2.365%
I scaled and reversed so many times, can’t remember it anymore.
the target was 154.699 on GBPJPY .. but this day is sure not getting any better so I exit once the gain was made and closing up shop, for good.
Total Today: +2.365%
