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
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