20th - 24h May 2013 Trades

This week, I have closed some of my active trades. Lost 2 trades and won 1 trade.

16th May 2013 trade lose short EUR/AUD. Took this trade at the 1.3180 area.

22nd May 2013 trade lose short USD/CAD. Took this trade at the 1.0300 area.

22nd May 2013 trade win short GBP/CHF. Took this trade at the 1.4715 area. Took profit at 1.4550.

14/05/2013 Long GBP/CHF

Took this long GBP/CHF trade on 14th May based on the 1.4600 area and ascending trend line. Managed to grab 130 pips out of this trade.

Trades taken between 14th - 18th January 2013

I've taken 3 trades between between 14th - 18th January 2013. 2 of them  are is going on, another 1 is already closed.

1) Short EUR/CAD (On-Going) (Close)
Placed this short trade on 17th January and it was triggered on 18th January.

Price hit my stop loss.

2) Short USD/CAD (On-Going)
Placed this short trade on 17th January and it was triggered on 18th January.

Price hit my stop loss. Should have placed my stop loss to break even on the 22nd January.

3) Short GBP/CHF (Closed)

11/12/2012 Short GBP/CHF

Placed a short GBP/CHF trade today based on the 38.2 Fibonacci, short term descending trendline and the 1.5100 area. Price may not reach there as there is quite a distance to 1.5070.

11th December 2012 update: Placed stop loss to break even for now.

13th December 2012 update:Closed order in green pips.

21/11/12 Short GBP/CHF

Placed a short GBP/CHF trade based on the 50.0 Fibonacci, 1.5100 area and descending trend line.

Trade cancelled.

20/11/12 Long GBP/CHF

Placed a long trade on GBP/CHF again but this time with a larger stop loss. Based on the 76.4 Fibonacci and the ascending trend line.

Cancelled this trade but have placed a short trade on 21/11/2012.

14/11/2012 Long GBP/CHF

Placed a long trade on GBP/CHF based on the ascending trendline, 61.8 Fib and 1.5000 area. Quite risky as yesterday bar is a bearish pinbar.

Price went up before reaching my entry. Cancelled this one.

07/11/2012 Trades

Placed a short GBP/JPY at the intersection of 129.00 area with the descending trendline.

9th November 2012 trade update: Cancelled this trade.


Placed a short GBP/CHF at the intersection of the 50.0 Fibonacci and the descending trendline.

9th November 2012 trade update: Trade is going on but does not look too good.

12th November 2012 trade update: Moved stop loss to break even.

13th November 2012 trade update: Trade closed at breakeven.

Long AUD/CAD at the intersection of the 1.0300 area and the quite steep ascending trendline.

9th November 2012 trade update: Cancelled this trade.

26/10/12 Short GBP/CHF

Another pending short trade today on the GBP/CHF. Placed it at the 1.5100 area and descending trendline.

Close this trade.

3 bait bitten by the fishes

So far, I have 3 pending trades executed.

1. Long EUR/GBP. I have moved my stop loss to breakeven +1. Fishing line will be cut off if price reaches there.

 

Trade closed at breakeven. The price seems to be moving up at the moment.


2. Short GBP/CHF. Stop loss has also been moved to breakeven +1.

Trade closed at breakeven. The price seems to be moving down at the moment.


3. Short USD/CAD. My fishing line is still struggling with the USD/CAD fish. Let's see how it go in the next hours.









Trade is still going on and is in the positive now.

Trade moved to breakeven. Trade close.

21/09/2012 Trades

Long EUR/GBP on 21st September 2012, Friday. Placed a pending long order when price reaches the 0.7950 area and the inclining trendline.

Short USD/CAD on 21st September 2012, Friday. Placed a pending short order when price reaches the 0.9800 area and the declining trendline.

Short GBP/CHF on 21st September 2012, Friday. Placed a pending short order when price reaches the 1.5213 area, also the fib 23.6 and the declining trendline.

17/11/2010 Short GBP/CHF [Close]

Trade: Long GBP/CHF
Open Price: 1.5839
Take Profit: 1.5990
Stop Loss: 1.5710
Reason(s): Daily Pinbar, Price went through 1.5800
Caution: Weekly trendline, Weekly downtrend?
Risking: < 1%

Result: +129

26/08/2010 Long GBP/CHF [Close]

Trade: Long GBP/CHF
Open Price: 1.5946
Stop Loss: 1.5821

Result: -125
Comment: Looks like a bad week to trade with all the big news coming out..

01/29/2010 Short GBP/CHF Trade [Close]

Trade: Short GBP/CHF
Open Price: 1.6938
Take Profit: 1.6510
Stop Loss: 1.7132


Result: +428

01/22/2010 Short GBP/CHF Trade [Close]

Trade: Short GBP/CHF
Open Price: 1.6859
Take Profit: 1.6510
Stop Loss: 1.7048
Risk: It's Friday and price may rally until 1.71233 area before it comes down.
Plan: Might need to take profit at the yellow line if the price does go down.



Result: -189

08/01/2010 Long GBP/CHF Trade [Close]

Trade: Long GBP/CHF
Open Price: 1.6514
Take Profit: 1.6695
Stop Loss: 1.6396


Result: -118

19/11/2009 Short GBP/CHF Trade [Close]

Trade: Short GBP/CHF
Open Price: 1.6874
Take Profit: 1.6667
Stop Loss: 1.7123


Result: +93
24/11/09 Comment(s): Doesn't feel good about that last candle so i'm closing this trade for 93 pips.