Ferrowolf's Den of Trading

Still building my humble Den, so please bear with me, it'll be done soon! =)

Trades taken 6th Oct on the AUDUSD, GBPCHF and GBPJPY

Basically I took a lot of half position sized trades today.
Wasn’t feeling the “groove” so to speak.
So half position sizes were taken on all the trades except that last one on the GBPJPY.
Explainations on the charts.
AUDUSD -32 pips      -0.5R (adjusted for full position size)
GBPCHF – 75 pips       -1R (adjusted for full position size)
GBPJPY +125.8pips +2.745R
so overall still profitable today, +1.245R with part of the GBPJPY position still running

AUDUSD trade taken 6th Oct

GBPCHF trades taken 6th Oct

GBPJPY trades taken 6th Oct

October 7, 2009 Posted by | Uncategorized | , , , | 1 Comment

GBPJPY trade taken 22nd Sept

There were many beautiful setups on for teh USD pairs today..
Like the very narrow channel ranges on the EURUSD, AUDUSD, USDCHF and USDCAD.
Basically they’re London Open Breakouts, complete with beautiful retracements to test previous supports/resistances.
I still have a lot of work to do on this site, but I’ll get the London Open Breakout up into the strategies section soon.
They resulted in very clean big moves.
While everyone was playing with USD weakness, I went for another pair..which resulted in a few stressful hours..o.O
Unfortunately, I decided to go with the GBPJPY because it was playing with the 1hr20ema, the daily pivot and support of the 148.90 level
A break below those seemed most likely to result in a move to the downside.
However, it took me for quite a wild ride as compared to the other pairs! But at least I was able to take profit and move my stoploss.
If anyone has any suggestions on how to improve my trading, please feel free to comment =p
Explainations on the charts.

GBPJPY trade taken 22nd Sept

September 22, 2009 Posted by | Uncategorized | , , , , , , | 1 Comment

   

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