Friday, January 29, 2010

#19.8 on GbpChf (B)

Breakout of the UT channel

Short @ new low is formed
TP @ indicated in chart



Adjust SL @ +1



Hit SL @ +1 (Market tend to hit my SL @ +1 this few days, but it at least better than -ve territory)

Almost have the same scenario with UCad traded before, whereby the market unable to filled the ADR (juz by a few %)

Thursday, January 28, 2010

#20.6 on UsdCad (B)

Short @ break of TL
TP1 & 2 @ macd -ve h1



Hit SL @ +1

Wednesday, January 27, 2010

EurCad (Z)

Broke the LTL with 3 touches, but the sequences inside the triangle doesn't seems to be correct.

#19.9 on EurNzd (+2.6%)

Miss out my LO short @ 3rd touch of UTL by 2 pips
But short @ break of LTL

Short @ break of LTL
SL @ few pips above the UTL
TP @ -ve h1 div



Hit TP @ -ve macd h1

Symmetrical on NzdJpy (+0.8%)

Long @ symmetrical projection
SL @ 5pips below the previous LOW
TP @ +ve h1 div



Update info whereby lead to HOLD LONGER for the NzdJpy
Plan changed : closed 50% at +ve h1 div, remaining 50% TSL it to hit UTL of diamond



Hit SL @ +20

UJ (Z)

The trade could have been done under symmetrical trading with entry, SL, TP shown on the chart.
But I skipped this trade, due to I have taken the NzdJpy symmetrical LONG. So, try to reduce the same currency risk, YEN.

But seems like it performs better than NzdJpy



Hit Target perfectly

Monday, January 25, 2010

UJ (Z)

Miss out the nice SHORT at TOP with a tiny SL

#20.1 on EU (-2.5%)

Long @ break of comb
SL @ current day LOW
TP @ ADR

Disadv : No prior uptrend in previous day



Hit SL (-2.5%)

#19.11 on NzdUsd (+1.53%)

Long @ break of diamond
SL @ few pips below the LTL of diamond
TP @ +ve div h1



Hit SL and reverse to SHORT (-1.6%)



Closed the trade @ 7044 (+3.13%)

Saturday, January 23, 2010

DowJones S&P500 (Z)

DowJone h4 comb



SP500
Short @ 3rd touch
If miss that out, SHORT @ break of comb

Friday, January 22, 2010

#20.3 on EurCad (+3.23%)

Long @ break of intraday flat
Supporting : +ve macd div
TP @ blue TL / +ve macd div


This trade not gonna make high % of profit as the SL incurred is too high, which lead to adjustment of low unit.




Closed half @ 3rd touch on TL instead of reversing the position due to h4 +ve div debt is not repaid yet (+1.8%)

Remaining running with SL @ +1
Add long if TL break



Added LONG @ LTL of Channel (#19.6)
SL @ 5pips below previous LOW



2nd LONG stopped out @ +1
1st LONG closed @ 1.4967 (+1.43%)

Thursday, January 21, 2010

#20.3 on EurNzd (+6.8%)

Long @ break of intraday flat surface
SL @ red line

Supporting : +ve macd daily



Close 70% @ h4 +ve macd
Remaining 30% will be trail until target @ daily +ve macd




Position closed with Reason :
1) Initial plan that the macd +ve div is invalid due to sea lvl
2) Possible H1 diamond
3) 98% of ADR

#19.11 on GJ (+15.44%)

SHort @ break of diamond
TP1 @ main diagonal
TP2 @ daily -ve macd




Taken all profit as indicated in chart
Market unable to reach the main diagonal and filled the AWR
Besides, the h4 -ve div was invalid due to sea lvl

Crude Oil (Z)

Diamond broken downside in Diamond.
Although unable to projection symmetrically to short from right top of diamond, but still able to short at right btm of diamond whereby diamond broke down the TL on 4th touch.



Main diagonal Target HIT

#20.2 on Silver (+19.24%)

Short @ break of intraday comb



Target @ blue TL / macd -ve div / AMR (close half)



Add-ed position @ break of intraday flat (#20.4)
Target add-ed @ weekly LTL channel



The 2nd SHORT & 50% of 1st SHORT was closed @ the 4th touch of TL (+11.74%)

Notes :
H1 showing +ve macd div
But Breakout will usually follows the 4th touch



Decided to closed all position as H1 +ve macd is worrying me. Rather safe better than sorry. (+7.5%)

#20.2 on NzdUsd (+5.9%)

Short @ break of intraday comb



Medium Term Target @ AMR (take half profit)
Long Term Target @ -ve macd daily



Trade closed :
1) daily resistance
2) h1 -ve div


Wednesday, January 20, 2010

UChf NzdJpy (Z)


AU (Z)

Miss out 2 short entry
1 at blue arrow, another 1 at green arrow



Outcome

#19.9 on AJ (-4%)

Short @ break LTL of triangle (blue TL)
TP @ 76.53 (daily -ve macd)



Closed with -4% (the scenario seems to acting out of templates)



Mistake have been made. Shouldn't close the trade earlier as the SL was at red dotted horizontal line.

Closed earlier was due to improper money management whereby units was not adjusted accordingly to the 3%.

Lesson learnt.