Seeking consistency

This is a discussion on Seeking consistency within the Trading Journals forums, part of the Reception category; Originally Posted by Leia trail stops down to 0.93 00 (+45 pips) on both remaining positions T2 hit (@0.9120, +225pips) ...

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Old Jan 30, 2013, 4:51pm   #651
Joined Dec 2009
Re: USD CHF short trigger

Leia started this thread
Quote:
Originally Posted by Leia View Post
trail stops down to 0.93 00 (+45 pips) on both remaining positions
T2 hit (@0.9120, +225pips)
stop on last part to 0.92 50 (+95pips)
Attached Thumbnails
usd-chf-t2-stop-0.92-50.gif  
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Old Jan 31, 2013, 6:54am   #652
Joined Dec 2009
Re: AUD CAD long

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Quote:
Originally Posted by Leia View Post
I have entered an order to go long on this pair @ 1.04 70 with a -40pip stop @ 1.04 30
T1 = R1 = 40pips @ 1.05 10
T2 = recent daily highs @ 1.05 35
T3 = trailing stop, to 1.07 70
Order removed. 4 hour trigger invalidated and daily candle closed bearish formation
next level of interest for a potential long is 1.03 70
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Old Jan 31, 2013, 6:47pm   #653
Joined Dec 2009
Re: USD CHF short trigger

Leia started this thread
Quote:
Originally Posted by Leia View Post
T2 hit (@0.9120, +225pips)
stop on last part to 0.92 50 (+95pips)
I am moving my stop right down to 0.91 35 as price has moved very quickly to recent lows and may well find support to start the next 'up wave' from these levels
Attached Thumbnails
usd-chf-t2-stop-0.91-35.gif  

Last edited by Leia; Jan 31, 2013 at 6:49pm. Reason: chart
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Old Feb 4, 2013, 7:09am   #654
Joined Dec 2009
USD CHF long trigger

Leia started this thread Whilst still managing my trailing stop on my short position, the last daily candle closed at an obvious Support/Resistance level (12 pips higher then my ultimate short target) making a reversal pattern (hammer)

So as well as still being short this pair, I have entered an order long 50% back into Fridays daily bar (which is closely aligned to the 4 hour 'hammer' bar printed Friday, embedded into the daily bar)

Long @ 0.90 65 with a stop just below the candle bar low @ 0.90 20 (risk -45 pips)
Target 1 = R1 = +45 pips @ 0.91 10
Target 2 = recent highs @ 0.93 65 (+300pips, R6)
Target 2 trail stop or to 0.99 65
Attached Thumbnails
usd-chf-long-trigger.gif  
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Old Feb 6, 2013, 8:58am   #655
Joined Dec 2009
Re: USD CHF long trigger

Leia started this thread [QUOTE=Leia
Long @ 0.90 65 with a stop just below the candle bar low @ 0.90 20 (risk -45 pips)
Target 1 = R1 = +45 pips @ 0.91 10
Target 2 = recent highs @ 0.93 65 (+300pips, R6)
Target 2 trail stop or to 0.99 65[/QUOTE]

Trade has triggered open and T1 has been hit @ 0.91 10
Stops on remaining parts have been moved to break even @ 0.90 65
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Old Feb 6, 2013, 9:02am   #656
Joined Dec 2009
Re: AUD JPY long

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stops moved to 94.00 (+80)
Trailing stop moved to 95.50 (+230 pips)
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Old Feb 6, 2013, 10:33pm   #657
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Re: AUD JPY long

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Quote:
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Trailing stop moved to 95.50 (+230 pips)
Order placed to add to long position @ 96.50, stop @ 96.00 (50pips risk)
T1 @ R=1 at 97.00 and
T2 @ 102.00 (+550,R=11, if achieved)
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Old Feb 7, 2013, 2:58pm   #658
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Re: AUD JPY long

Leia started this thread
Quote:
Originally Posted by Leia View Post
Order placed to add to long position @ 96.50, stop @ 96.00 (50pips risk)
T1 @ R=1 at 97.00 and
T2 @ 102.00 (+550,R=11, if achieved)
T1 stop moved to break even on remaining part
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Old Feb 7, 2013, 3:03pm   #659
Joined Dec 2009
Re: USD CHF long trigger

Leia started this thread
Quote:
Originally Posted by Leia View Post
Trade has triggered open and T1 has been hit @ 0.91 10
Stops on remaining parts have been moved to break even @ 0.90 65
Stop hit on remaining parts
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Old Feb 7, 2013, 8:52pm   #660
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Re: AUD JPY long

Leia started this thread
Quote:
Originally Posted by Leia View Post
T1 stop moved to break even on remaining part
2nd part stopped out for NIL
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