Swing trading the dailies

[1RISH]

Running total -0.1R

Entering short AUDEUR- again, similar setup to the above, clean false break of a major swing high. Entry 6921, stop 6990, target 6783 (2R)

 

[1RISH]

Entering short USDSEK- similar setup to natural gas actually, nice faekout of a large weekly swing point , entry 105893,stop 107156, target 2R (103600)

Closing this one- the massive bullish candle after the Powell announcement doesn’t look good for this setup- -0.5R,

-0.6R running total

 

[1RISH]

Last trade before the close here -long GBPNOK: huge weekly pivot/swing point with a good solid hammer (which just nicked the low by a tick) and like I mentioned earlier , Is a pattern I quite like (where you have a strong support , a fake out of the support then a fresh re-test).

Entry 114654, stop 113764, target 116574 (2R)

 

[1RISH]

Last trade before the close here -long GBPNOK: huge weekly pivot/swing point with a good solid hammer (which just nicked the low by a tick) and like I mentioned earlier , Is a pattern I quite like (where you have a strong support , a fake out of the support then a fresh re-test).

Entry 114654, stop 113764, target 116574 (2R)

Stopped out on this one -1R

-1.6R running total

 

[1RISH]

Running total -0.1R

Entering short AUDEUR- again, similar setup to the above, clean false break of a major swing high. Entry 6921, stop 6990, target 6783 (2R)

Nice down bar today, going to trail the stop loss down to 6953 (-0.5R)

 

[1RISH]

Nice down bar today, going to trail the stop loss down to 6953 (-0.5R)

Another big down bar, trailing stop to break even

 

[1RISH]

Another big down bar, trailing stop to break even

Target hit +2R (bid went 0.4 pips below!)

+0.4R running total

 

[1RISH]

Entered short AUDNZD 11181, stop 11228, target 11082 - fake out at a large weekly level, against the trend for sure but will see how/if price reacts to the rising TL

 

[1RISH]

Entering short natural gas @ 9344.4, stop 9989, target 7759 (2R).

Nice fake out of a huge weekly swing point and close below :

Nice push down on this, going to trail stop just above resistance at 9688.1 (0.5R)

 

[1RISH]

Entered short AUDNZD 11181, stop 11228, target 11082 - fake out at a large weekly level, against the trend for sure but will see how/if price reacts to the rising TL

Another nice down bar, trailing stop just above the highs at 11205 (0.5R)

 

[1RISH]

Placing a pending sell limit on EURJPY @1.3990- nice pin bar off a weekly swing point/high and round number , and in general the pair looks a little overextended and due a pullback, stop 14077, target 13815 (2R)

Sell limit at just under the 14000 round number pics attached

 

[1RISH]

Placing a pending sell limit on EURJPY @1.3990- nice pin bar off a weekly swing point/high and round number , and in general the pair looks a little overextended and due a pullback, stop 14077, target 13815 (2R)

Sell limit at just under the 14000 round number pics attached

I previously cancelled that sell limit , but keeping it in after some thought

 

[1RISH]

Placing a pending sell limit on EURJPY @1.3990- nice pin bar off a weekly swing point/high and round number , and in general the pair looks a little overextended and due a pullback, stop 14077, target 13815 (2R)

Sell limit at just under the 14000 round number pics attached

Cancelling this order for what I deem to be a stronger setup (I want to keep a max of 3 trades at once )

Long AUDCAD- like I’ve said a couple of times just a pattern I like to see with a shake below, break above and retest of a flip zone , with a nice hammer and a solid inside bar. This is pretty clearly counter trend against the weekly, but given the size of the swings I think this is a solid setup with room to move .

Entry 8946,stop 8898, target 2R 9037

 

[1RISH]

Cancelling this order for what I deem to be a stronger setup (I want to keep a max of 3 trades at once )

Long AUDCAD- like I’ve said a couple of times just a pattern I like to see with a shake below, break above and retest of a flip zone , with a nice hammer and a solid inside bar. This is pretty clearly counter trend against the weekly, but given the size of the swings I think this is a solid setup with room to move .

Entry 8946,stop 8898, target 2R 9037

Stopped out quick on this one -1R

-1.4R running total

 

[1RISH]

Entering short natural gas @ 9344.4, stop 9989, target 7759 (2R).

Nice fake out of a huge weekly swing point and close below :

nice push down today on this, I realise 2R is actually 8055, so adjusting my exit to that price

 

[1RISH]

Nice push down on this, going to trail stop just above resistance at 9688.1 (0.5R)

Moving stop to break even on this, day hasn’t closed yet but looks like we could be forming an inside day false break right off a pivot zone

 

[1RISH]

Entering short natural gas @ 9344.4, stop 9989, target 7759 (2R).

Nice fake out of a huge weekly swing point and close below :

Target hit+2R,

Running total +0.6R

 

[1RISH]

Moving stop to break even on this, day hasn’t closed yet but looks like we could be forming an inside day false break right off a pivot zone

Out at breakeven.

Running total +0.6R

 

[1RISH]

Long CADNOK, will add details later , entry stop and target shown

 

[1RISH]

Long CADNOK, will add details later , entry stop and target shown

Yeh so looking at the weekly we have a solid uptrend , and in the dailies a nice buoyant but sharp pullback which closed above 2 important resistance zones , with a solid looking up bar