Friday, December 27, 2013

What a big nose on the EURUSD

Look at this graph... The resistance is not breaking. The market is not accepting those high prices. At least not today... 


Thursday, December 19, 2013

Had to close my sell on EURCHF and opened a buy


Drawdown reaching 15% by now... A winner trade would be highly appreciated now.

Eurchf rallied strong today

Sadly, this means more drawdown to my strategy....

Sometimes support levels are quite hard to break and when they're broken they still have memory.

And news play a heavy role in the market, totally. The Fed is a big mover... 


Tuesday, December 17, 2013

The EURCHF is finally breaking its support

So, let's see how far it goes..
A good opportunity to sell for those who are not in this trade yet..



Monday, December 16, 2013

Another week starting and nothing new by now

The EURCHF still on its hard-to-break support.. The NZDUSD seems to be about to start thinking on deciding to trend or not. But anyway, here we are. Still hurt for the drawdown due to my bad deision of trading two highly correlative pairs as EURGBP and GBPCHF.

So, this is how the graphs look like today.



And the gbpchf who is slowly dropping down by now.. I don't know till when..




Friday, December 13, 2013

Wednesday, December 11, 2013

Closing sell on EURGBP

And I'm taking it out of my portfolio. I didn't take in count that the pair is highly correlative with GBPCHF.. so I'll just keep up with that pair. I've lost around 6% more than I should because of that decision. Lesson learned - I hope.


#Gbpchf, closing buy and opening sell

This was a quick move by the gbpchf.. It went down quite fast between yesterday and today.


If it breaks the support at 1.4500, then we could see the price going down until at least 1.4470.

Tuesday, December 10, 2013

Selling #EURCHF

The pair has crossed the trend curve and it's also about to break te support level. The trade looks promising. I should had opened on sunday night already. But I'm still on time i hope...






Monday, December 9, 2013

Closing sell, opening buy. Closing buy, opening sell

Again.. #GBPCHF and #EURGBP are dancing around the 500-Day wma curve



Already more than 10% of drawdown for this strategy and I still couldn't find the long term trend I'm waiting for...

Althought, the #nzdusd seems to be a good candidate right now.


Hopefully, it continues with its weekly uptrend:







The #EURUSD seems to be in a long term uptrend


This is a winner trade already if entered at the beggining when the price just crossed the 500-days weighted MA.

My guess is that it will be strong enough so to break the resistance and it will just go up.

But I don't know, we'll have to see what happens. All I know is that the price has a good momentum right now.

Friday, December 6, 2013

#Eurgbp and #Gbpchf have crossed their 500-Day WMA again

Again, monday will have to be a position closing day. Perhaps a new opportunity. You never know when a trend will appear..




Thursday, December 5, 2013

#Gbpchf, when would you trend

It's easy to read about trend following strategies and how trending is the forex market or stuff like that.However is totally different to be in a trade. Come on... Look a t this graph..


The price is still above the 500-Days weigthed MA but it's a losing trade again. The last month looked good but then the pair prices started to move in a range. Who understand the markets. Well.. We're still here. almost 8% down already. With 3 trades opened. Of course, GBP and CHF are related pairs with related economies, but when there's a trend there is a trend.

This trade is still on this way. I don't even want to read or hear of the news. This pair made a huge reversal today, nothing else to say and I don't care... 

Monday, December 2, 2013

Closing sell on #NZDUSD, opening buy

The sell didn't last so long... The pair had a quick recovery and it's going up right now




#Eurgbp has broken a few support levels

And it goes into freefall right now.. I say so as I can't see any strong support level coming soon.


Friday, November 29, 2013

Selling #NZDUSD

A new position opened... According to my strategy, I should have done it yesterday but I didn't take any look at the markets. My mistake... However it did not go so far from the entry point  


It did it.. #GBPCHF has broken the resistance level

And It's on its way up now...


And... #GBPCHF is trying it one more time today

The week is about to end and the CHF is giving battle to not letting the GBPCHF break the resistance level.

An exciting friday...


#GBPCHF, Hard to break resistance at 1.4800

It didn't break it yesterday and it doesn't seem to be doing it today...


This story will probably have to wait until Monday... 

Thursday, November 28, 2013

Monday, November 25, 2013

#USDJPY keeps uptrending

And the USDJPY just keeps going up... 


Good for those who opened a long position for this pair in october

Tuesday, November 19, 2013

This is the kind of trend I'm talking about

The #Gbpchf use to have long term trends when they arrive.


I guess we'll just have to wait now... No trend yet for these days..


Although if it breaks resistance as it's about to, we may have it going upwards




Wednesday, November 13, 2013

The $GBPCHF is dancing around the trend curve this month

Had to close the #GBPCHF short position. 


And opened a long position - again.


It happens that this strategy has no filter besides the trend curve, that's why risk management is key. Let's see how this trade behaves with the time

Tuesday, November 12, 2013

#GBPCHF: Closed The buy position, Opened a sell

And please BE a downtrend this time. Swiss National Bank and all of you swiss people, do your best.. 


Not a surprise, the #GBPCHF is also about to close below the trend line today

Yesterday I had to close my sell on EURGBP and today is GBPCHF turn... Obviously the GBP has weakened these days.


Monday, November 11, 2013

Closed the #eurgbp

And opened the buy position again... 


The #EURGBP not yet downtrending

Today the EURGBP is crossing the trend curve upwards. The candle has not closed yet but its about to in just a few hours. And it means that we could have a buy signal by the end of the day for this pair.


Thursday, November 7, 2013

Had to close my #EURGBP buy position


It started well but that was not a long term trend. And I'm shorting it now as it closed below the trend curve. 

Today is a good opportunity to those of you who would like to enter the trade following this strategy.


Risk is 2% as always, based on 2 ATR

#Eurgbp going down.. It has broken the support

And it is crossing the trend curve.. It's just breaking every level there is.. This is a fast market movement


So I'll be probably closing this trade and open a sell by the end of the trading day.

Wednesday, November 6, 2013

#Gbpchf, Closed the trade with a 1.54 % of loss.

No hard feelings, the GBPCHF has crossed the trend curve and the price is going upwards at the moment, so I opened a long position right now. Again, with the same amount of risk.


Tuesday, November 5, 2013

I might be closing my short on #GBPCHF today

A month ago, have opened this trade with hopes of a downtrend. 

But, today the candle has already broken the downtrend line and it doesn't seem to be changing its direction today. But let's see where it closes. Right now the price is above the trend curve already, and if it closes as it is right now. That would be a buy signal.