Jezek5's FX Trading Journal.

[jezek5]

DX Daily

Daily rejection of 76.15 today makes me
start to feel really bearish on the dollar again,
as if i wasn't bearish enough all ready.
Just need a daily close below 75.55 to get
it heading south big time.

 

[jezek5]

Re: Silver.

Don't trade it but the backwardation situation is
really intriguing me.
It's in full breakout thismorning,as long as 36.61 holds
then first target is 39.80 and then up towards 44.
Doesn't look like it will even pull back below 37.00.
These calculations are on daily and weekly charts.
Current price 38.30.

Are we there yet?

 

[jezek5]

Swissy

Good bye Swissy,short at 9250,do they really think
they can hold it up .

 

[jezek5]

Re: Swissy

Good bye Swissy,short at 9250,do they really think
they can hold it up .

Right,that was quick,covered most for 40 pips BE on rest,
might add again later,not awake yet.

 

[jezek5]

Re: Swissy

Right,that was quick,covered most for 40 pips BE on rest,
might add again later,not awake yet.

And covered the balence for 90 pips at .9160

 

[jezek5]

Re: DX Daily

Daily rejection of 76.15 today makes me
start to feel really bearish on the dollar again,
as if i wasn't bearish enough all ready.
Just need a daily close below 75.55 to get
it heading south big time.

Dx getting close to 75.55,need to see what happens there.

Edit.... 75.55 tagged,might be the bottom for today.

 

[jezek5]

Re: Swissy

And covered the balence for 90 pips at .9160

Gosh,my spelling is truly awful.
Sorry to anyone who might read my journal,and yes i'm English
just makes it all the worse doesn't it.

 

[jezek5]

Cable

Cable looks sick,gone short at 1.6295
Could be 100 pips in this,not sure yet .

 

[jezek5]

Cable

Break this level and all hell could let lose.

 

[jezek5]

Re: Cable

Break this level and all hell could let lose.

Cover half at 58,for +38,BE on the rest.
Might retest 78.

 

[jezek5]

Re: Silver.

Don't trade it but the backwardation situation is
really intriguing me.
It's in full breakout thismorning,as long as 36.61 holds
then first target is 39.80 and then up towards 44.
Doesn't look like it will even pull back below 37.00.
These calculations are on daily and weekly charts.
Current price 38.30.

Come on girl,just one more push,you can do it.

 

[jezek5]

Re: Cable

Cover half at 58,for +38,BE on the rest.
Might retest 78.

Oh well,BE stop hit on balance,got the spelling right this time.
Didn't quite go plan but i gave it a chance.
Might trade some more today but just scalping.

 

[jezek5]

I have a friend.

Thanks Travis,great to be your friend,
must have a read of your journal soon.
I'm no longer a "billy no mates".
Cheers.

 

[jezek5]

Cable.

Until yesterdays giant bullish outside bar i thought we were rolling over,
i would have liked to have seen a retrace today.
Something just doesn't look right about this chart and its bugging me.

 

[jezek5]

Cable

All i want to do is sell cable,i think there might be something wrong
with me.
Done it a few times already today,made some pips,
and looking at it now thats all i want to do,
at least until we get to 6200,i'm short now at 6315
but it doesn't want to go down.
I think i might be loosing it.

 

[jezek5]

Re: Cable

All i want to do is sell cable,i think there might be something wrong
with me.
Done it a few times already today,made some pips,
and looking at it now thats all i want to do,
at least until we get to 6200,i'm short now at 6315
but it doesn't want to go down.
I think i might be loosing it.

Well,still in this trade,why?i've got no idea.
I think i took my eye off the ball today,since December
the only thing i've done is every time the dollar sticks
it head up i hit it as hard as i can,thats clearly been the
only play in town and it seems to continue to be.
Lets have a bit of chart porn.
Cable,top of the range,being Friday tomorrow it might pull back
but it might not.
DX sitting right at that magical 75.55 i talked about earlier.

 

[jezek5]

Chunnel Daily

Inside bar x2.
Not one of my weapons of choice but might have a go at it.
The way i like to trade inside bars is use both sides as warning levels and look for PA
to take a play,with chunnel in a daily up trend i would be looking to buy at the lower level
with tight stops,the risk/reward is nice then.
And maybe hold part of it for a breakout to the top side.
Top side target.9000
will watch on the hourly.Below is daily and hourly.
Buy point looks to be .8735 if we get back down there,
if not i might look for the breakout at the top level.

 

[jezek5]

Fiber daily

Fiber looks like it needs to test the 4200 zone to
suck in some more shorts to sqeeze them out on the run up to 4450.
Although if 4200 doesn't hold i think 4170 will.
This move could be for next week though.

 

[jezek5]

Old dx chart

One last thing,just came across an old chart i was using in december,
don't really use channels anymore,green vertical line was where i did
my last work on this chart,going to keep it and maybe post it again
in a month or so,tech doesn't work eh?
I have to say i'm really proud of that chart.

Friday morning...was a bit tired last night and today i noticed that i put the green line
in the wrong place,now changed,i've also put POC lines back on up to date chart although i don't use
these for trading anymore.

Original post of chart.


http://www.forexfactory.com/showpost.php?p=4269984&postcount=353059

 

[jezek5]

Re: Cable

All i want to do is sell cable,i think there might be something wrong
with me.
Done it a few times already today,made some pips,
and looking at it now thats all i want to do,
at least until we get to 6200,i'm short now at 6315
but it doesn't want to go down.
I think i might be loosing it.

Stop hit at 6355.
Dx couldn't even hold 75.55.
Might take today off,not sure yet.
Clearly i've dropped the ball.