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 26, 2013
Monday, December 23, 2013
Thursday, December 19, 2013
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
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.
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
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
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
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.
#GBPCHF, Hard to break resistance at 1.4800
It didn't break it yesterday and it doesn't seem to be doing it today...
Thursday, November 28, 2013
Monday, November 25, 2013
Wednesday, November 20, 2013
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..
Monday, November 18, 2013
Sunday, November 17, 2013
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.
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
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
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.
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