378 | +3.553% | 5 Setups
First ESMA Day (well not for us because we trade with ICMarkets (no ESMA applies here) but we will also make a change, trading a Netting Account instead of a Hedging account.
[more about netting & Hedging account types here]Â
Currency Data:
- Positive: AUD, USD
- Negative: JPY, CHF
- Pair(s) to Watch: AUDJPYÂ (Buy), USDJPYÂ (Buy)
- Asia Session Events: Unemployment Rate [NZD], PMI [CNH]
- Bank Holiday: Swizerland
11:41 accidentally bought AUDCHF instead of AUDJPY,
closed the trade in a tiny profit of 0.002% (we will ignore that one for the trading day)
11:41 buy AUDJPY (this time the right one 😉 )
12:04 looks like I made the trendline wrong on the AUDJPY chart.
after a little bit of checking, found another resistance level, so this trade maybe not going that well. the Nikkei is however still on the way up, so I may try for a retest of the Resistance level (which will be lower at that time because the Trendline is sloping downwards)
12:18 closing AUDJPY, it’s likely to break out now, but i will not take that one
13:07 Buy GBPJPY
13:11 there is no reaction from the vWap. this could result in failure of the setup
13:29 scale in some more on GBPJPY, to get out of this trade with a minor gain. on a swing up
13:43Â the Nikkei just went below the new Support. the GBPJPY trade likely to fail now. plus the Dollar is gaining some Strenght.
14:01 closing out GBPJPY, there is a high chance it’s gonna go higher, but the volatility on the opening can put is just as easy in a loss
14:19 buy NZDJPY a bit late .. got 2 perfect “offers” from the market but did hesitate to enter.
14:48 set Trailing stop below the micro Support got stopped out with a small profit right after
14:56 buying USDCHF before the vWap
15:17 allowed a bit more drawdown as the Dollar went back to the vWap as well.
didn’t work out, closing USDCHF positions.
15:27 buying AUDJPY again (mid-range)
17:32 giving up on AUDJPY, it did not break out yet, but the drawdown is too high.
2 Losses & 2 Gains so far … hope there will be some volatility coming in soon…
17:43 Buy NZDJPY on the vWap
19:41 scale in on NZDJPY near max loss
21:20 closing USDJPY Buy on a small profit thanks to scaling in on the bottom
21:30 Closing NZDJPY by Trailing stop
Total Today: +3.553%
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