Showing posts with label 2013 Long Trades. Show all posts
Showing posts with label 2013 Long Trades. Show all posts

Thursday, May 9

Recent trades

Short USDCAD, Daily entry @1.00694 at the break of the red big candle.


 Target hit @1.00250 for a gain of +45


Long GBPJPY, Daily entered @153.996 on the pullback candle.


Edited Thursday, May 09 at 3:49PM
GBPJPY target was hit @155.750 for a gain of +175


Friday, April 19

Taking it on Yen

Here are my long trades from yesterday. I did not wait for my target to get hit its Friday and that zone marked in light blue can stall the price before it can proceed . If that happens I have time to enter again but for the meantime I'll enjoy my weekend :o)

USDJPY, Daily bought @98.116


Sold @99.207 for a gain of +110


CADJPY, Daily bought @95.596


Sold @96.716 for a gain of +112


Thursday, April 11

Daily long entry on GBPUSD

GBPUSD, Daily @1.5351 The chart was snagged last night after it got filled. Stop loss has been adjusted this morning and placed at 1.5275


Edited, April 12 @ 12:08AM:
I've added units this afternoon @ 1.54049 thinking price will continue to soar.  However, price is presently stalling not feeling good about it I sold my first position @ 1.53763 for a gain of +25.


Good luck!

Edited Tuesday, April 16 at 8:03AM:
GBPUSD stop loss point was hit yesterday for a loss of -58 :o(

Tuesday, April 9

4H long entry

GBPUSD buy stop order triggered @1.5280


Edited, April 09 at 10:56AM
GBPUSD, 4H auto out take profit was hit @1.52460 for a gain of +54


Tuesday, February 26

Reversal trades on EUR

EURUSD, Daily 
Limit long entry filled @1.3085



Edited Thursday, February 28 at 7:49AM:
Adjusted trailing stop hit @1.3095 for +2 not great considering this is up the previous day my take profit was a bit high forgot to move that instead.


EURGBP, 4H 

Limit long entry filled @0.8663


I will take profit even before the target meaning these trades are quick. Looking forward for tomorrow's results. For now its time to sleep.


Edited Thursday, February 28 at 7:53AM:
Stop loss got hit @ 1.02653 and 1.02560 for a combined loss of -12 price broke support


Friday, February 8

Reversal Long Trade

Trading long on AUDUSD, 4H @1.02998 the trade is against the trend, my mistake here was not placing a take profit point duh! If I did I'm already out by this time. You can't rewind time so be it. My plan right now is to leave the AUD and see what next week will bring. BTW, you've probably noticed lots of the pairs on recent tiers are pulling back there would be plenty of opportunities coming soon.

The entry


The next morning


Edited Monday, February 11, 2013 at 7:05AM:
Stop loss got hit last night @1.0281 for -4 because of this I've also cancelled my AUDNZD buy stop order. This will give me more time to see the market with fresh eyes.


Tuesday, February 5

Weekly Long EURAUD

Inverted head and shoulder on EURAUD weekly chart has remained above support area. Pilot buy initiated @1.3122 this pair is from last week's watch list. Will be adding more as PA continues to improve.


Existing short position on AUDNZD and long EURJPY are still active. Good luck to all of you out there :o)

Edited Thursday, February 07, 2013 at 9:23AM:
Stop loss got hit last night @1.29850 an equivalent of -32 loss. Look at EURAUD weekly chart the price remains above the support line. As long as price stay above that line the inverse head and shoulder is still intact. We will revisit this next week.


From Februay 4-8 Watchlist

Limit order to buy EURJPY, H4 was filled last night @125.699. This is pullback continuation. Another buy limit order has been placed @126.000


Edited Wednesday, February 6, 2013 at 7:17AM:
The paper profit on this particular trade have exceeded 100 at one time, I thought I could let it run more "greed" :o) so I initiated a trailing stop manually of course. Last night the stop was hit @126.44 a gain of +38 less than half of what it should be but that's ok.

This is the beauty of trading anything can happen you never know you can guess all you want, you can be right or wrong. One thing is sure you must always protect your capital.


Limit order to short AUDNZD, H4 filled @1.2340 another pullback continuation based on the prevailing trend. Congestion below might cause price to stall a bit. It will be watched.


Edited Wednesday, February 6, 2013 at 7:39AM
AUDNZD, 4H short still on the move. Stop point  red dotted line has been adjusted to protect gains.


Edited Wednesday, February 6, 2013 at 11:35PM
Stop point  was hit early today got out @1.22750 for a gain of +26. Price came back up strong as evident of that wide range bar..


Edited Tuesday, Febraury 05, 2013 at 8:54AM PST:
Waiting for the opportunity to short. GBPUSD, Daily


Edited Wednesday, February 06, 2013 at 7:46AM
No much action but its getting closer. Keep on waiting.





Wednesday, January 30

Long Entry on PB

Pullback entry on NZDJPY was filled yesterday @76.15 I don't feel good the Kiwi is being pummeled today sold half of my units for a loss of -16 the other half I'm holding and adjusted the stop loss. I've noticed that EUR is quite strong.


Edited Wednesday, January 30, 2013 at 9:10AM PST:
Decided to close and take my losses @75.673 for -16 now I can relax. The mind is free :o)

Tuesday, January 29

Beautiful Pin Bar

Got long on NZDUSD, D chart @83.75 we will see if that long beautiful pin bar which penetrated  the support level and then rejected the sellers pressure will still have powers to accelerate upwards. Another buy limit is initiated in this pullback. Stop loss will be adjusted soom.


Edited Wednesday, January 30, 2013 at 7:32AM PST:
The pin bar on NZDUSD failed :o( I have two positions one of them I sold earlier for -5 while on the second position, my stop loss got hit and gave me -24


I will stop trading starting today and will be back next week right after the NFP. Good luck!

Monday, January 28

Long GBPJPY from Watchlist

Entered long GBPJPY, 4H @142.63 area. Do you consider that a 2 bar reversal?


Edited Wednesday, January 30, 2013 at 8:09AM PST:
Price is trading away from the 2 bar reversal candles and presently challenging the resistance marked in lite blue. I've moved my stop loss to protect gains.

@8:17AM - Changed of mind because I'm not trading for the remainder of the week I decided to take my available profit closed GBPJPY long @143.80 for +26 there is another layer of resistance you can see it on the first chart above.



Friday, January 25

Breakout Play

A breakout trade on EURUSD using the daily chart. I'm not good in breakout trading, this year I will practice with smaller units. Got in just below the breakout point which I think is not the way to trade breakout hahaha.

However, I felt that the sellers, see the big red bar on left has been neutralized by the buyers noticed the trading movement right after the red bar and the candles lower wicks rejecting sellers and closing above the support line.

It was enough for me to place the trade but I still need to be careful so I initiated a pilot buy. If I'm wrong this trade will give a small loss compared to if I traded my usual units. Entered long EURUSD @1.3363 with a stop at 1.3235. Let's see what will happen next week.


Edited Monday, January 28, 2013 at 7:23AM PST:
I'm out for now while price is romancing the weekly resistance (blue line). Will come back soon if the price retrace towards the support area or breaks the weekly resistance then back for retest. A good PA action is needed to signal another long trade.  Got out @1.3437 for +15



Thursday, January 24

Double R Layer on 4H

Got long on GBPJPY @141.31 we will see how this trade unfolds.


Edited January 25, 2013 at 9:56AM PST: 
The red dotted line on previous chart was my take profit level @143.89. I suspected that because of the double layer resistance just above marked in lite blue price will slow a little bit and may retrace. The TP proved to be a good area and gave me +85 I'm out for now waiting for another opportunity to get long.


Thursday, January 17

Path of Least Resistance

Entered long on AUDJPY, 4H chart @ 94.70 for a possible momentum play to the upside. Refer to the daily chart below to see the up leg trend.

AUDJPY, 4H Chart


AUDJPY, Daily Chart



EURUSD long trade still in play.


Pullback Trades

Going long last night, EURUSD @1.3292 as price retrace towards the area of a strong support.


Buy limit order on GBPJPY got hit @141.80 another 1-2-3 pullback towards support matched with a trendline conflux


Thank you God :o)

Edited January 17, 2013 at 9:57am PST:

Profit point on GBPJPY got hit @ 143.630 for a gain of +101


I'm letting EURUSD to play for now. Thank you God!

Thursday, January 10

First trade for 2013: Long GBPJPY

Hello my friends, I'm back!. Hope your holidays were filled of joys and happiness.
This is my first trade for 2013, long GBPJPY @141.250 using 4H chart. Stop loss point will be adjusted tomorrow.


Edited January 10, 2013 at 9:05am PST:
Stop loss point has been adjusted. Holding long GBPJPY position.


Edited January 10, 2013 at 10:31am PST:
Take profit has been hit a while ago @ 142.39 for a gain of +64


Waiting for another opportunity. :o)