Jezek5's FX Trading Journal.

[jezek5]

Re: Fiber.

jezek5, that h1 chart looks like the old laddle spoon pattern with the pips falling out.I think your intuition is right.We'll see. Short for me with a long term trade.

Hi Jm and thank you for commenting,one thing i'd like to point out is
that although this feels like short covering i'm not sure when it stops that
we drop,looks like we now need to test 4490,it still impossible to say
how much was sold on Friday,don't get me started on tick volume,lol.
I'm still looking to scalp to the long side at present.
Good luck with your position mate.

 

[jezek5]

Strange day,looked at my twitter feed today
and can't understand how Fiber is holding up with
so much bad news,just how bad is the Dollar?

 

[jezek5]

Re: Fiber.

Hi Jm and thank you for commenting,one thing i'd like to point out is
that although this feels like short covering i'm not sure when it stops that
we drop,looks like we now need to test 4490,it still impossible to say
how much was sold on Friday,don't get me started on tick volume,lol.
I'm still looking to scalp to the long side at present.
Good luck with your position mate.

Overhead resistance here but the bids just keep coming,
thinking we need to sell off here .

 

[jezek5]

Re: Dx

Went a little higher than i thought but then short covering
always overshoots,back up at resistence.
Next week could be interesting.

Day & 1 hr DX,looks like we need to hold that red fib ex line,
it's been of interest before and tonights close might show
us where we are headed for the rest of the week.

Got a quick 20pip short scalp on Fiber,flat again now.
Looking to retest 4435 and maybe sell again.
Price 4420 at writing.

 

[jezek5]

Re: Dx

Day & 1 hr DX,looks like we need to hold that red fib ex line,
it's been of interest before and tonights close might show
us where we are headed for the rest of the week.

Got a quick 20pip short scalp on Fiber,flat again now.
Looking to retest 4435 and maybe sell again.
Price 4420 at writing.

Blew right threw 4435,i can't read this ****,
taking my ball and going home with 20 for the day.

 

[jezek5]

Re: Fiber.

Hi Jm and thank you for commenting,one thing i'd like to point out is
that although this feels like short covering i'm not sure when it stops that
we drop,looks like we now need to test 4490,it still impossible to say
how much was sold on Friday,don't get me started on tick volume,lol.
I'm still looking to scalp to the long side at present.
Good luck with your position mate.

Guess i should have stuck to my original plan, i just felt that we'd ran out of steam at 4470, then u.s stocks took off and gave it the juice to run at 4490.
Might be looking to sell up here to hold over night.

 

[jezek5]

Re: Fiber.

Guess i should have stuck to my original plan, i just felt that we'd ran out of steam at 4470, then u.s stocks took off and gave it the juice to run at 4490.
Might be looking to sell up here to hold over night.

Just sold at 4482.

 

[jezek5]

Re: Fiber.

Just sold at 4482.

Covered at 60,could be more in it but happy with this,
looks like SNB have been buying euro all bloody afternoon.
Can't they bugger off and eat some cheese or something.
Anyway,didn't they admit this thing didn't work the last time they tried.

 

[jezek5]

Re: Fiber.

Covered at 60,could be more in it but happy with this,
looks like SNB have been buying euro all bloody afternoon.
Can't they bugger off and eat some cheese or something.
Anyway,didn't they admit this thing didn't work the last time they tried.

4 charts,
DX went down but ended almost back where it started.
Swissy was strong even though DX wasn't great.
Fiber had a good run up but is now back at an earlier sell level i posted,4435.
EU/CHF burn them short stops.
I feel that the SNB have been playing games today,i think fiber would have not made my morning target call of 4490 without their help.
Not sure why i'm looking for shorts though considering that at the weekend
i was calling the weekly fiber chart still bullish.
Now i'm going to go and bang my head against a wall to knock some sense into it.

 

[jezek5]

Re: Dx

Day & 1 hr DX,looks like we need to hold that red fib ex line,
it's been of interest before and tonights close might show
us where we are headed for the rest of the week.

Got a quick 20pip short scalp on Fiber,flat again now.
Looking to retest 4435 and maybe sell again.
Price 4420 at writing.

Looks like we're going to close right on said red line,this thing
really can't make it's mind up.

 

[jezek5]

Fiber

1 hr & weekly.
Looking weak thismorning,got a quick 10 pip
short scalp off London open and looking like it might go lower today.
For me the level to watch out for will be 4275 if we get that low,
thats where i would say my bullish call on the weekly chart is wrong,
although i've got no problem shorting down to there if i see a play,
interesting last 1 hr bar just closed at 4369,a run back up to 4400
looks possible.

 

[jezek5]

Re: Fiber

1 hr & weekly.
Looking weak thismorning,got a quick 10 pip
short scalp off London open and looking like it might go lower today.
For me the level to watch out for will be 4275 if we get that low,
thats where i would say my bullish call on the weekly chart is wrong,
although i've got no problem shorting down to there if i see a play,
interesting last 1 hr bar just closed at 4369,a run back up to 4400
looks possible.

Heavy heavy day,this was the break i was looking for yesterday,
bad timing on my part.
Only got a very small part of the down move.
Grrrr.

 

[jezek5]

Re: Fiber

1 hr & weekly.
Looking weak thismorning,got a quick 10 pip
short scalp off London open and looking like it might go lower today.
For me the level to watch out for will be 4275 if we get that low,
thats where i would say my bullish call on the weekly chart is wrong,


Blimey,4275 already,will wait and watch for a reaction at this level.

 

[jezek5]

Re: Fiber

1 hr & weekly.
Looking weak thismorning,got a quick 10 pip
short scalp off London open and looking like it might go lower today.
For me the level to watch out for will be 4275 if we get that low,
thats where i would say my bullish call on the weekly chart is wrong,


Blimey,4275 already,will wait and watch for a reaction at this level.

Oh well,that went well....not.
5 min chart ,green line is the 4275 level,i bought the third test
and was taken out 15 pips lower.
Check again tomorrow.
Just to add...i've got some support at 4145 but think
we have to test 4000,chart is looking broken.

 

[jezek5]

Re: Dx

Looks like we're going to close right on said red line,this thing
really can't make it's mind up.

DX back up at resistance zone again.
For me the green dotted line that it's at now
is the pivot between long and short,yes it can push higher up to
76.35 but anything around these levels could decide where we
go for the next few weeks.

 

[jezek5]

Re: Dx

DX back up at resistance zone again.
For me the green dotted line that it's at now
is the pivot between long and short,yes it can push higher up to
76.35 but anything around these levels could decide where we
go for the next few weeks.

And how that level matches up with Fiber.

 

[jezek5]

Re: Fiber

Oh well,that went well....not.
5 min chart ,green line is the 4275 level,i bought the third test
and was taken out 15 pips lower.
Check again tomorrow.
Just to add...i've got some support at 4145 but think
we have to test 4000,chart is looking broken.

Just got a nice short scalp off of that 4145 level,
a quick 25 pips off the 1 hour pin,small part still open stop at BE ,looks like 4145 might
be the top for a bit.

 

[jezek5]

Re: Fiber

Just got a nice short scalp off of that 4145 level,
a quick 25 pips off the 1 hour pin,small part still open stop at BE ,looks like 4145 might
be the top for a bit.

Covered at 4095 for 50 pips.

 

[jezek5]

Fiber

Price played that 4145 level most of the day,
again like before it's impossible to tell how
much of the run up was profit taking.
1 hr and daily charts in very simple form.

 

[jezek5]

Re: Fiber

Price played that 4145 level most of the day,
again like before it's impossible to tell how
much of the run up was profit taking.
1 hr and daily charts in very simple form.

Still using that 44145 level as pivot,been scalping long thismorning,
might be done for the day i think.
1 hr and 5 min charts.
Close to some resistance now.