Today’s risk: 0.82% [True drawdown: -3.337%]
13:58 Sell AUDUSD a bit from vwap
(this will give me a 0.15% drawdown if vwap is retested)
EUR and GBP are up’ish while CAD seems to go down, so this may not be the greatest of ideas.
16:28 quick scalp on AUDJPY vwap (full size, 4.3 pip stop)
16:42 found a nearby resistance on AUDJPY, will move hedges above thos one and scale in on the way up, this will add another 0.3% to the max drawdown.
17:10 GBPJPY are significantly extending to the upside, this may not work, preparing to hedge early
AUD is still below vwap tough, this could be a fake.
17:27 adding hedge on AUDJPY in case it makes a new high
aud is close to the vwap, hedging this may just add some additional cost as there is still a chance for it to bounce back, once AUD hits the vwap
17:37 AUD still has not tested vwap yet, this makes AUDJPY pretty much a gamble at this point as it could fill the hedges and then go straight down.
this is a tricky one.
18:17 manually hedging AUDJPY
18:20 manually closing AUDUSD for a small profit
18:27 close sells and place hedge below vwap, in case this is just a fake
18:41 adding 50% on 100% retracement, with a corresponding hedge
closing at 97.143 or when AUD hits vwap
18:49 it appears the vwap retest on AUD is not going to happen, which is bad for the AUDJPY Buy’s i may exit those early
19:52 closing eveything on micro resistance
that was quite a bit of drawdown for no real reason, calling it a day
i should have done what i said a few hours ago and calling it a day.
instead messed things up badly
Leave a Reply