Mr Ian's FX Journal

This is a discussion on Mr Ian's FX Journal within the Trading Journals forums, part of the Reception category; Hi all, just a quick one. Been trading for a while and just looking to share some thoughts and ideas. ...

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Old May 9, 2012, 3:08am   #1
 
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Joined Jan 2012
Mr Ian's FX Journal

Hi all, just a quick one. Been trading for a while and just looking to share some thoughts and ideas. Any comments, feedback, ideas, etc are welcome. If anyone is from Perth, Australia, send me a PM and we could arrange a catch up.

Cheers,

MrIan
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Old May 9, 2012, 3:11am   #2
 
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Breakdown in Euro

mrian65 started this thread Looking at a breakdown in the EURUSD. only a small position in this one, not usually my trading style. I like to buy and sell at horizontal resistance/support.

Arguments for the trade.

Broken the Handle at 1.30
FXCMs speculative sentiment indicator has had significant buying interest overnight.
lower highs on the 4 hour
Bearish fundamentals
RRR of 1.5x

See attached chart.
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breakdown-eurusd.png  
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Old May 9, 2012, 2:46pm   #3
 
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Re: Mr Ian's FX Journal

mrian65 started this thread Probably went short a little early on this one and barely missed getting stopped out. See attached.
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cad-short.png  
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