Seeking consistency

[Leia]

Re: AUD USD 4H trigger

This trade was stopped out,

Third time lucky, I have placed an order at the same levels (1.03 80 stop 1.03 50), having been stopped out for a second time for NIL

 

[Leia]

NZD counter trend Daily triggers

NZD has posted daily 'trigger' candles against gbp, aud & cad
Although tempting signals, I am not pacing any orders as they are counter the recent trend and don't offer sufficient risk reward at this point in time

 

[Leia]

EUR GBP 1H short signal rejecting D20ema (II)

eur gbp has retraced to the D20ema / D50sma dynamic resistance 'shadow' and printed a number of small 4H candles that indicate rejection of higher prices, this level held as support at the end of December, so my be resistance now

I have placed an order to sell at 0.83 35 with a 20pip stop (0.83 55, yesterdays high) and a target, if recent lows (around 0.82 30) are taken out of 0.81 55, acceptable R of 5 short term and excellent long term potential (R=10)

 

[Leia]

Re: EUR GBP 1H short signal rejecting D20ema (II)

I have placed an order to sell at 0.83 35 with a 20pip stop (0.83 55, yesterdays high) and a target, if recent lows (around 0.82 30))

Stop hit for -20 pips

 

[jjim88]

Nice charts! what MAs you showing here?

 

[Leia]

Nice charts! what MAs you showing here?

Hello jjjim88

Thank you for your post to my blog. I use a 20 exponential (red) 'fast' and 50 simple (blue) 'slow' closing price MA combination on all time frames

I use them to give a feel for trend (direction they are 'pointing') and their respective positioning (red above blue is bullish)

I hope this answers your question

 

[Leia]

eur usd 4H trigger to short

retraced to prev daily support, may be resistance again (similar to last Fridays trade)
Daily retraced 61.8% of last down swing

4H trend has turned to long though
bearsish engulfing candle on 4H as trigger

 

[Leia]

Re: AUD USD 4H trigger

Third time lucky, I have placed an order at the same levels (1.03 80 stop 1.03 50)

Price has achieved 1.04 80 (+100) this is over 3X risk, so I have moved trailing stop up to 1 X risk (@ 1.04 10 or +30 pips)

 

[Leia]

Re: eur usd 4H trigger to short

retraced to prev daily support, may be resistance again (similar to last Fridays trade)
Daily retraced 61.8% of last down swing

4H trend has turned to long though
bearsish engulfing candle on 4H as trigger

Order @ 1.29 40 with a 60pip risk (1. 30 00) and reward target of 1.26 50 lows, 290. R:R just under 5

Order has been filled and
Price gapped down on the week open and touched 1.28 80, +60pips from entry or equivalent to trade stop / risk

I have moved stop down to a Break Even level @ 1.29 40 so will either get stopped out for NIl or trial stop behind obvious 4H swing lows for greater reward if price doesn't achieve target

 

[Leia]

Re: eur usd 4H trigger to short

[QUOTE
I have moved stop down to a Break Even level @ 1.29 00target[/QUOTE]

Stop hit so, out for NIL
Watching for sell triggers on 1h & 1hour time frames @ or above 1.30 00

 

[Leia]

Re: eur usd 4H trigger to short

Watching for sell triggers on 1h & 1hour time frames @ or above 1.30 00

4h shooting star type candle just closed
Order to sell placed @ 1.30 25 with a stop above the highs at 1.03 55 (30pips risk)
Still targeting recent lows of 1.27 00 (300 pips reward, if seen)

 

[Leia]

Re: eur usd 4H trigger to short

Order to sell placed @ 1.30 25 with a stop above the highs at 1.03 55 (30pips risk)

Stop hit for -30pips

Large 4H bearish engulfing bar printed Wednesday 25th Jan, trigger for another short order @ 1.30 20 with a larger stop @ 1.30 65

this too was stopped out (-45 pips)

not a good week shorting eur usd

AUD USD trade (post #318 on this blog, 18Jan112) still running just short of target @ 1.07 20 (so far about +300pips)

 

[Leia]

Re: AUD USD 4H trigger

Price has achieved 1.04 80 (+100) this is over 3X risk, so I have moved trailing stop up to 1 X risk (@ 1.04 10 or +30 pips)

Stop moved to 1.05 40, following price achieving 1.06 85
and taken out
total win +160 = 5X risk

 

[Leia]

January Result

10 orders placed
4 stopped out for NIL (break even)
2 stopped out for loss
1 achieved target
1 stopped out @ trailing stop hit

over all +195 pips (13% return on a tiny account balance)

 

[Leia]

NFP - euro short vs gbp & jpy ?

the 4Hour candles just closed (including NFP release) indicate bearish sentiment on the euro compared to pound and yen as 'shooting star' shape candles have printed

both charts have daily and 4hourly 'down' trends (red 20ema below blue 50sma)
I have placed orders to trigger should the price retrace 50% of the past 4h down move, to ensure tight stops:
eur gbp order 0.83 25 stop .83 45 (-20 risk) target .82 25 (100 reward) R=5
eur jpy order 100.50 stop 100.90 (-40 risk) target 97.00 (350 reward) R=8+

 

[Leia]

Re: NFP - euro short vs gbp & jpy ?

eur jpy order 100.50 stop 100.90 (-40 risk) target 97.00 (350 reward) R=8+

EUR JPY order has opened and price has hit 100.10, 40 pips profit and matching the distance of my stop

As per my rules I have now moved my stop to a break even position @ 100.50, so will either get stopped out for NIL, or look to trail my stop below price

 

[Leia]

Re: NFP - euro short vs gbp & jpy ?

eur gbp order 0.83 25 stop .83 45 (-20 risk) target .82 25 (100 reward) R=5

I have removed my EUR GBP order as price has moved to .85 85 (40 pips) or twice my risk

 

[Leia]

Re: NFP - euro short vs gbp & jpy ?

break even position @ 100.50, so will either get stopped out for NIL, or look to trail my stop below price

stop hit trade = NIL

 

[Leia]

AUD USD interest rate increase

Yesterdays inside bar candle has formed offering an opportunity to join the strong daily uptrend
The increase in the interest rate has given an initial push higher this morning, which I hope to catch with a tight entry and stop for a target at Julys highs (1.10 50) having now broken the October & August swing highs
Entry 1.08 00 stop 1.07 75 (risk 25 pips) target 1.10 50 (reward 250 pips) R=10

 

[Leia]

Re: AUD USD interest rate increase

Entry 1.08 00 stop 1.07 75 (risk 25 pips) target 1.10 50 (reward 250 pips) R=10

Stop hit - 25 pips