337 | +1.357% | 2 Setups

Very early Tuesday, I have a bunch of Buy Trades on USDJPY has already done gaining an easy 1.6%,
but for the sake of transparency, they will not count to today’s performance (setting SwingFish helper to the current balance as Day-Start)


Currency Data:

  • Positive: AUD, NZD, EUR
  • Negative: JPY, GBP, USD, CHF
  • Pair(s) to Watch: AUDJPY (Buy), GBPAUD (Sell)
  • Asia Session Events: RBA Interest Rate Decision [AUD], Markit Services PMI [EUR]
  • Bank Holiday: Denmark


07:36 Closing and re-Buy USDJPY Before the Nikkei Stock exchange opens. to continue the trade I entered offline.

however we are right at the pivot, so there is a very high probability of a pullback.

08:11 SwingFish-Helper Hedged the USDJPY Buy, as expected, the price went down on the Pivot.

09:20 buying another 5% on USDJPY even this looks very much hopeless to buy right now since the Nikkei shows a great weakness.

09:41 Closing all USDJPY trades with a small gain, the direction is not clear, and the position is too large to allow some swings down. so better take what we have and move on. it is profit after all.

09:55 Buy AUDJPY

10:02 buy on AUDJPY auto-Heged

10:16 reversing to short on AUDJPY set TP to 83.778 on a Support Junction (Yesterdays consolidation channel)

10:59 removing Take-Profit Orders on AUDJPY as momentum picked up on the Australian Dollar.

11:55 AUDJPY has not moved much I’m pretty much at 0 at the trade set now, but there is a Hedge loss to be paid. so 0 is actually not zero but a loss.

the Interest Rate decision of Australia is standing in front of us (30 minutes to go) .. this may shake up the AUDJPY trade.
thinking of hedging it, however, the divergence data suggests a Shortfall anyway, this could help the trade, or put the position is a massive loss.

12:31 price retested the vWap again where I scaled in another 0.5% of the position size and then went out on the target (which I did set wrong at first)

12:37 closing all trades on the “corrected” support, which turned out to be the much better location as you can see in the screenshot.

well together with the 1.6% gain we made “off the record” it’s not such a bad day after all .. just extremely slow.

Total Today: +1.357%

 


please note: times /dates shown in Stream, Screenshots & Blog
in SGT – Singapore Timezone (GMT+8)

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