281 | +1.675% | 3 Setups
Trading started a bit late today (had a car accident while on school-run).
generally we had a very slow day, and by the end of it, prices where pretty close to some key locations.
this means there will be some pickup in speed later on.Currency Data:
- Positive: EUR, NZD, GBP
- Negative: JPY, USD, AUD
- Neutral: CAD, CHF
- Pair(s) to Watch: EURAUD (Buy), GBPJPY (Buy)
- Asia Session Events: RBA Meeting’s Minutes [AUD], Coincident Index [JPY]
10:43 Buy EURAUD for 1.60528
10:54 closing part of the EURAUD position for a tiny profit, as there may be a swing down happening. (will re-buy it at the vWap)
11:03 Scaling into EURAUD Buy
11:04 Buy GBPJPY for 149.651
11:09 placing another Buy limit before the vWap to scale in on GBPJPY, and scaling in 15% via market orders on EURAUD Buy
11:15 ran out of patience, scaling in GBPJPY via Market order.
11:47 don’t really like how things are developing … losing confidence is a bad sign usually. so better take the money and wait for a better opportunity. the targets are however still in play EURAUD 1.60528 & GBPJPY 149.651.
12:50 Buy SGDJPY (no target yet, as the Nikkei may turn and mess this trade up)
the R2 Pivot looks good early at 80.996 on SGDJPY
since the Nikkei is on a Key Point right now. this whole SGDJPY trade maybe not such a good idea
13:52 closing SGDJPY as Nikkei hit the resistance .. I have a feeling the original TP of 80.996 is still very much doable without too much drawdown.
calling it a day … DXY is on a key position now .. and the nikkei undecided, this can take hours to play out.
maybe start another session later in the day.
Total Today: +1.675%
